Pelotas basin blocks must be auctioned off in September

The federal Government announced that it intends to auction six blocks of Pelotas, Rio Grande do Sul, in the month of September. The estimated cost to investors for each area is R $20 million for oil and gas exploration for 7 years.

The bidding of the blocks, which are close to the border with Uruguay, is scheduled to happen on day 27 of September, with result being released on the same date. According to the federal Government, the basin of pellets have the concrete possibilities of producing oil and natural gas, and so, consequently generating resources and jobs to the region.

The "move" to attract investors was to reduce the transfer of profits paid to 10% to 5%, in this way, the Government of Rio Grande do Sul, Brazil believes that the interest in bidding the areas can be greater. The last auction in the State took place in 2015, when four wells have been purchased by Petrobras, but without that there was no drilling for lack of environmental license.

The Rio Grande do Sul has 25 wells already drilled, but none, so far, produced oil or natural gas. Continue interacting with the Panorama Offshore and get relevant information about the world of oil, gas and energy. Remember: your business. Check out:



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