Cat do Mato: Shell licenses 6 wells in region

After closing an agreement with Ecopetrol for the sale of a 30% stake in the Gato do Mato project, Shell began the environmental licensing of six wells to develop the project’s production, discovery of the exploratory block BM-S-54, in deep water of the Basin of Santos. 

The company aims to install an FPSO (type of used by the oil industry for the operation, storage of oil and/or natural gas and runoff) with mooring spread anchorage, in the area exploratory block. The unit will have storage capacity of 1.6 million oil barrels and should work in the area for 25 years.

In July, Shell received the license from Ibama (Brazilian Institute of Environment and Renewable Natural Resources) – valid until June 2023 – for drilling two exploratory wells in the area of the Southern block of Gato do Mato, in the Santos Basin, auctioned at the 2nd auction pre-salt, held in 2017.

In the onerous assignment, which took place last Wednesday (6), the Shell received proposals for two out of four blocks but made no offers in the Bidding. The CEO of the company, André Araújo, claimed that the blocks in the auction were expensive.

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