In brief

The ANP pre-salt auction awarded 7 of 13 areas and raised R$ 530 million in bonuses.

The average premium was 108.38%.

What we know

05

  1. Verified fact · material

    The ANP's 4th Permanent Production-Sharing Offer awarded 7 of the 13 pre-salt areas offered on October 7.

    Shows partial demand for the areas.

    Sources[01][02][03]

  2. Verified fact · material

    The auction raised R$ 530 million in signing bonuses.

    Revenue for the federal government.

    Sources[01][02][03]

  3. Verified fact · material

    The average premium on profit oilOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ offered to the government was 108.38%.

    Indicates competition for the most attractive areas.

    Sources[02][03]

  4. Verified fact · material

    Winners include Prio, Petrobras, Equinor, CNOOC and Galp, and six areas received no bids.

    Shows who expands their pre-salt portfolio.

    Sources[01][02][03]

  5. Verified fact

    According to Money Times and O Globo, in the same-day concession round Petrobras won 19 blocks and the round raised about R$ 3 billion.

    Complements the day's result.

    Sources[04][05]

Transmission to assets

Market read-through

Demand for only part of the areas shows oilOilAssetEnergy commodity whose price reflects supply, demand, inventories, logistics and geopolitical risk.Open in the Market Map ↗ companies being selective, focused on the highest-potential areas; for Prio and Petrobras, the new areas expand the exploration portfolio without an immediate effect on output.

Portfolio impact

01
Petroleiras com áreas no pré-salpositive

New areas expand the exploration portfolio.

Production only in several years.

What would change the view: Commercial discoveries in the areas.

sector30% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • Contract signing
  • ANP official concession results

Limits of the reporting

What remains uncertain

  • Concession round figures were not read in two sources.

Full sources

05
01
CNN BrasilLeilão do pré-sal arrecada R$ 530 milhões, mas seis áreas ficam sem ofertasindependent newsroom
02
Correio BrazilienseLeilão da ANP arremata sete dos 13 blocos de exploração do pré-salindependent newsroom
03
NeoFeedCom Prio, Equinor e CNOOC, leilão do pré-sal traz nova configuração às bacias de Campos e Santosindependent newsroom
04
Money TimesPetrobras arremata 19 blocos em leilão de concessão por R$ 3 bilhõesindependent newsroom
05
O GloboPetrobras leva 19 blocos em leilão da ANP que arrecada R$ 3 bilhõesindependent newsroom
06