Page 3 - Production Sharing News Today

The Austin Court of Appeals has ruled in Texas Railroad Commission et al v. Opiela, the dispute over a permit for a horizontal well under a Production Sharing Agreement.  We reported on...

Petrobras on Production Sharing contracts - Rio de Janeiro, May 31, 2023 - Petróleo Brasileiro S.A. - Petrobras informs that it... | May 31, 2023

Petrobras on Production Sharing contracts - Rio de Janeiro, May 31, 2023 - Petróleo Brasileiro S.A. - Petrobras informs that it signed today the... | May 31, 2023

Brazilian oil company Petrobras said Wednesday it had discovered hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block…

INTERNA Força de Trabalho Petrobras on the result of an exploratory well in the Santos Basin - Rio de Janeiro,... | May 17, 2023

Brazilian oil company Petrobras said Wednesday it had discovered hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block…

Petrobras has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block. The discovery augments the possibilities of expanding the accumulation discovered by the wildcat well 1-BRSA-1381-SPS in the block.

The well is in progress and the oil-bearing interval was verified through wireline logging and fluid samples, which will be further characterized through laboratory analyses.

Shares in Woodside and Santos jumped in early trading, as analysts calculate the hit from planned taxation changes is not nearly as harsh as feared.

The PPP/C also has its own playbook. When it cannot deal with the criticisms and exposure of its misrule and misdeeds, it resorts to labeling its critics.