HOUSTON, TEXAS (Editors at Energy Analytics Institute, 24.Jan.2025) — Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) decided on 23 Jan. 2025 to unify the Berbigão and Sururu fields, located in concession BM-S-11A, in the pre-salt Santos Basin.
Rio de Janeiro-based Petrobras operates the concession with a 42.5% interest.
“Petrobras is evaluating, within the scope of the consortium, the adoption of appropriate measures in the competent levels. Petrobras will assess the possible impacts on its financial statements,” the company said 24 Jan. 2025 in an official statement.
The ANP’s decision is result of an analysis of the revised Development Plans for the reservoirs sent to the ANP by Petrobras in 2018.
The decision results in production of the Berbigão and Sururu fields being reported in a single field, increasing the rate applied to the corresponding Special Participation payment for the unified field, retroactively to the production start date, Petrobras said.
The ANP’s decision also determines the unification of the areas referring to the Transfer of Rights (TOR) contract for the Entorno de Iara Block (South of Berbigão and South of Sururu; North of Berbigão and North of Sururu), operated by Petrobras with a 100% interest. However, in this case, there is no Special Participation charge.
The Superintendence of Government Participations was ordered to calculate the value of Government Participations considering the unified fields, Petrobras said in the statement.
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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved