Asset Report
Itapu
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Itapu is a pre-salt oil and gas discovery located in the Santos basin of Brazil. Petrobras announced first oil in December 2022. In November 2019, a licensing round offered the volumes discovered in Itapu above the 350 mmboe awarded to Petrobras under the original Transfer of Rights agreement. Petrobras (100% and operator) was the single bidder. The original Transfer of Rights volume corresponds to around 52% of the total reserves. From September 2021 onwards, the two contracts will share production, capital costs and operational costs. For a full analysis, please assess Itapu and Itapu (Surplus) models together.
Table of contents
- Key facts
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Summary and key issues
- Summary
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Key issues
- Petrobras takes the final investment decision
- Petrobras secures Itapu Surplus volumes making for a smoother unitisation process
- With 100% Petrobras ownership, co-participation payment will have a positive effect on the economics
- Transfer of Rights (TOR) volumes
- Location maps
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Participation
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History
- Local content
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History
- Geology
- Well data
- Exploration
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Reserves and resources
- Oil
- Gas
- Production
- Development
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Infrastructure
- Oil
- Gas
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Costs
- Capital costs
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Operating costs
- Lease costs
- Transportation cost
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Well data: Table 1
- Production: Table 1
- Production: Table 2
- Itapu - Production Profile
- Itapu (Surplus) - Production Profile
- Reserves and resources: Table 1
- Costs: Table 1
- Costs: Table 2
- 19 more item(s)...
What's included
This report contains:
