Skip to content
  • Home
  • Exploration & Production

 

 

COMMITTED TO THE NATIONAL OIL & GAS INDUSTRY 

TotalEnergies EP Brasil is responsible for the Company's operations in the Brazilian Oil and Gas Exploration and Production sector.

Brazil has a strong potential of oil and gas reserves and natural resources, a significant local consumer market and a recognized expertise of Brazilian professionals, making Brazil key in the Company's global growth strategy. These are characteristics that stimulate our search for opportunities on several fronts, in a partnership model or as operators, but which are always aligned with the focus of investing in low-cost, low-emission assets.

In recent years, TotalEnergies has significantly expanded its presence in the country. Our current E&P portfolio includes 10 assets, of which 4 are operated, mostly in deep waters and pre-salt.

DISCOVER OUR MAIN E&P PROJECTS

Among our main assets, we highlight Campo de Lapa, where we became the first international company to operate a field in production in the Brazilian pre-salt; the Mero, Sépia, Atapu, Berbigão and Sururu fields, in the Santos Basin. In the Campos Basin, there is also Block C-M-541, whose drilling campaign started in 2022.

The most recent assets of TotalEnergies EP Brasil are the two offshore exploration blocks in deep waters, SM-1711 and SM-1815, acquired in April 2022, in the 3rd Permanent Bid Cycle, carried out by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

We produce an average of 103,500 barrels of oil equivalent per day (boed) in 2022, with an estimate of reaching 200,000 barrels per day in 2026

EP

Our main assets

Santos Basin - Campo de Lapa

We have been operating this field since 2019, when we became the first international company to operate a field in production in the Brazilian pre-salt. We have a 45% stake in the consortium and we produced around 40,000 to 50,000 barrels a day in 2022.

Santos Basin - Campo de Mero (Libra)

With a 19.3% share, we are part of the Libra consortium, which is one of the largest oil and gas production projects ever developed by the global E&P industry. The Mero field has been in pre-production since 2017 with the FPSO Pioneiro de Libra, with a capacity of 50,000 barrels per day. The start of production of the first permanent FPSO in the Libra block took place in 2022. This development will continue with the addition of three FPSOs in the coming years, all already under construction, which will contribute to the production of more than 650,000 barrels of oil equivalent per day in 2026.

Santos Basin - Campos de Sururu, Berbigão and Atapu (Iara)

We acquired a 22.5% stake in the Iara area in 2018. The license covers the Sururu, Berbigão and Oeste de Atapu fields. Each of the FPSO units in operation today produces more than 150,000 barrels of oil per day.

Santos Basin - Atapu Field

In 2021, we acquired a 22.5% stake through an Assignment and Production Sharing agreement. Production started in 2020 and reached a level of 160,000 barrels per day with the first FPSO unit.

Santos Basin - Sepia Field

In 2021, we acquired a 28% stake through an Assignment and Production Sharing agreement. Production began in the same year and should reach a level of 180,000 barrels per day with a first FPSO.

Campos Basin - Block C-M-541

In October 2019, we acquired a 40% interest in Block C-M-541. Exploration activity started in December 2021. By the end of 2022, drilling of two very deep wells is expected: Marolo and Ubaia.

 

TotalEnergies

Mero Field (Libra) - TotalEnergies is part, with a 20% stake, of the Libra consortium, one of the largest oil and gas projects ever developed by the global E&P industry. Oil production in Libra started in 2017, in the Mero Field (located in the northwest area), with the Pioneiro de Libra FPSO. As the next stage of the asset development, four large FPSOs, with a capacity of 180,000 barrels/day, are expected to startup. Libra consortium partners are Petrobras (40%, operator), Shell (20%), CNODC (10%) and CNOOC Limited (10%).

Sururu, Berbigão and Atapu fields (Iara cluster) - In 2018, TotalEnergies acquired a 22.5% stake in the Iara area. The license comprises the Sururu, Berbigão and Oeste de Atapu fields. Production started in November 2019, with the first oil from the P-68 FPSO, which operates in the Berbigão and Sururu fields. In June 2020, production started in Iara's second FPSO, P-70, which operates in the Atapu Field. Each of the FPSOs has a capacity of 150,000 barrels per day. The consortium partners are Petrobras (42.5%, operator), Shell (25%) and Petrogal (10%).