Brazil Libra's 1m b/d potential

摘要

Brazil's Libra prospect in the pre-salt play, which will be offered in a bidding round in October, has the potential to produce at 1m b/d of oil, accord- ing to Brazil's oil regulator ANP. The ANP estimated that the block, which will be offered on 22 October, holds 8-12 Bn bbl of oil. Interested parties will be looking to land a Production Sharing Contract for the Libra play will and have state-owned Petrobras a partner with a 30% stake.