exploration expanding our portfolio in Brazil

Exploration is essential to the growth of our business. In Brazil, Chevron applies technology, skills and experience to identify new investment opportunities. Currently, our exploration portfolio includes 10 blocks located in the Campos and Santos basins (check below the complete list of our blocks and the location of our projects in the map).

Our team of geologists and geophysicists is responsible for evaluating seismic information and data on the exploratory prospects in our portfolio. We work together with Chevron's research and technical excellence centers in search of solutions that contribute to the increase of our company's reserves.

Guided by The Chevron Way, we are continuing our quest to find and develop new sources of energy to fuel human and economic progress and prosperity in Brazil and around the globe.

Map showing the location of exploration projects

upstream portfolio

 

Exploration Portfolio

Basin

Block

Consortium WI (%)

Regime

Acquired

Campos

C-M-845

Chevron Brasil1(50%)

Repsol (50%)

Concession

2019 – ANP Round 16

Santos

S-M-764

Chevron Brasil1(50%)

Repsol (50%)

Concession

2018 – ANP Round 15

Santos

S-M-766

Chevron Brasil1(50%)

Repsol (50%)

Concession

2019 – ANP Round 16

Campos

C-M-791

Shell1(40%)

Chevron Brasil (40%)

Petrogal (20%)

Concession

2018 – ANP Round 15

Campos

C-M-659

Shell1(40%)

Chevron Brasil (40%)

Qatar Energy Brasil (20%)

Concession

2019 – ANP Round 16

Campos

C-M-715

Shell1(40%)

Chevron Brasil (40%)

Qatar Energy Brasil (20%)

Concession

2019 – ANP Round 16

Campos

C-M-821

Repsol2(50%)

Chevron Brasil(50%)

Concession

2018 – ANP Round 15

Campos

C-M-823

Repsol2(50%)

Chevron Brasil(50%)

Concession

2018 – ANP Round 15

Campos

C-M-825

Repsol1(60%)

Chevron Brasil (40%)

Concession

2019 – ANP Round 16

Santos

Três Marias

Petrobras1(30%)

Chevron Brasil (30%)

Shell Brasil (40%)

Production Sharing

2018 – ANP PSC 4

1 Operator | 2 Operator during exploration phase only, Chevron to operate development and production phases