The signing bonus for the 6th round of pre-salt will be R $ 7.850 billion



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President Michel Temer signed an order authorizing the holding of the 6th sharing cycle before the salt, scheduled for November 1, 2019. Fear also authorized the holding of the 16th round of oil and gas concession salt in October . Both auctions were approved Monday (17) at a meeting of the National Council of Energy Policy (CNPE).

For the sixth round of pre-salt, the government considered as baseline scenario the estimate of the parameters at 75% and the price of oil at USD 50.00 per barrel. The National Agency for Oil, Gas and Biofuels (ANP) estimates that the blocks have an approximate volume of 40 billion barrels. The auction signing bonus totals R7,850 billion for five blocks.

The Aram block will benefit from a $ 5.050 billion R $ grant and a minimum percentage of oil profit to be shared with the Union of 24.53%. For the Boomerang block, the signing bonus will be 550 million rand and a minimum oil profit of 26.68%. The Cruzeiro do Sul block will receive a bonus of 1.150 billion rubles and a minimum oil profit of 22.87%. For the southwest block of Sagittarius, the bonus will be 500 million rand and the minimum oil profit 26.09%. The North Brava block will receive a bonus of R $ 600 million and a minimum oil profit of 36.98%

The 16th round of concessions will be held on October 2nd. The parameters will always be studied by the ANP. Of the 42 blocks being the subject of a tender, 30 are located in the basins of Campos and Santos and have great potential as they are found in the fringe of pre-salt.

Temer also authorized studies for the 7th and 8th pre-sharing cycles. -SAL. The 7th round should take place in 2020 and will take place in three zones. The 8th round should take place in 2021.

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