Brazil Potential in the Atlantic
In 2018 Wintershall Dea secured several exploration licences in Brazil and intends to build a resource base over the coming years. Possibilities of development are being intensively analyzed.
Brazil is one of the most attractive growth regions for the oil and gas industry. The coastal region in particular, with its undeveloped offshore basins, is considered especially promising. Wintershall Dea aims to set up a resource base there in the next few years. In 2018, the company secured seven exploration licences. The company is the operator for four of these licences. Initial exploration activities in the assigned blocks are planned for 2019.
The offshore blocks for which Wintershall Dea has received exploration licences are located off Brazil’s Atlantic coast. The company is both operator and sole owner of one licence in the Ceara Basin and three in the Potiguar Basin. These are located off the north coast. Added to these are stakes in three fields in the Campos Basin and Santos Basin off the country’s southeast coast.
Wintershall Dea is currently carrying out an intensive analysis of the potential of the licences. This will involve buying existing seismic data and also carrying out new seismic surveys. These are set to begin this year.