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 |
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|
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