Notícias
OPEN ACREAGE
4th Cycle of the Open Acreage in the Concession Regime has a record number of blocks acquired
ANP held today (December 13) the public bidding sessions of the 4th Cycle of the Open Acreage in the Concession Regime and the 2nd Cycle of the Open Acreage in the Production-Sharing Regime.
On the 4th Cycle in the concession regime, 192 exploratory blocks were acquired, in all nine basins that had areas on offer, a record number in the bidding rounds carried out to date in this modality. The previous record was in the 3rd Cycle, when 59 blocks were acquired.
The winning offers generated R$421,712,292.83 in signature bonuses and will result in at least R$2,012,660,000.00 in investments only in the first phase of the contract (exploration phase). The bonus premium was 179.69% and the blocks were acquired by a total of 15 companies.
The area with marginal accumulations Japiim was also acquired, generating a signature bonus of R$ 165,000.00 and planned investments of R$ 1,200,000.00.
For the General Director of the ANP, Rodolfo Saboia, the results of the 4th Cycle of the Open Acreage in the Concession regimeindicates the opening of new exploratory frontiers; the continued interest in mature basins, such as Potiguar, and high potential, such as Santos; and the participation of companies of different profiles: large, independent, and new entrants.
“The replacement of exploratory areas represents the generation of jobs, income and resources that will even be used for the necessary energy transition”, stated Rodolfo Saboia.
Other highlights of the cycle were the Pelotas Basin, with 44 blocks acquired, which had not received offers since the 6th Bidding Round; the fact that a block beyond 200 nautical miles was tendered for the first time (block S-M-1378, in the Santos Basin); and the participation of Petrobras, for the first time, in a Open Acreage in the Concession regimecycle.
In the 2nd Cycle of the Open Acreage in the Production-Sharing Regime, the Tupinambá block was acquired by the company BP Energy. R$7,047,000.00 were collected in signature bonuses (which, in production sharing bids, are fixed). The percentage of oil offered to the Federal State was 6.5%, a premium of 33.2% in relation to the minimum established in the tender protocol. In addition, R$360 million in investments are planned by the winning companies in the first phase of the contract (exploration phase).
Detailed results - 4th Cycle of the Open Acreage in the Concession Regime
See below the results by basin, sector, and block:
- Area with marginal accumulations
Basin
Sector
Area
Winning Consortium
Signature Bonus (R$)
Amazonas
SAM-O
Japiim
Eneva (80%)*; ATEM Participações (20%)
165.000,00
* Operator
- Offshore exploration blocks
Basin
Sector
Block
Winning Company / Consortium
Signature Bonus (R$)
PEM (WU)
Pelotas
SP-AUP4
P-M-1664
Chevron Brasil Óleo (100%)*
3.365.657,13
462
Pelotas
SP-AUP4
P-M-1666
Chevron Brasil Óleo (100%)*
2.875.657,13
462
Pelotas
SP-AUP4
P-M-1733
Chevron Brasil Óleo (100%)*
3.365.657,13
461
Pelotas
SP-AUP4
P-M-1735
Chevron Brasil Óleo (100%)*
2.875.657,13
461
Pelotas
SP-AUP4
P-M-1737
Petrobras (50%)*; CNOOC Petroleum (20%); Shell Brasil (30%)
12.475.812,32
396
Pelotas
SP-AUP4
P-M-1791
Chevron Brasil Óleo (100%)*
3.685.657,13
459
Pelotas
SP-AUP4
P-M-1793
Petrobras (70%)*; Shell Brasil (30%)
4.275.000,00
250
Pelotas
SP-AUP4
P-M-1795
Petrobras (70%)*; Shell Brasil (30%)
12.572.070,44
395
Pelotas
SP-AUP4
P-M-1838
Petrobras (70%)*; Shell Brasil (30%)
12.475.812,32
394
Pelotas
SP-AUP4
P-M-1840
Petrobras (70%)*; Shell Brasil (30%)
15.556.072,26
394
Pelotas
SP-AUP3
P-M-1357
Petrobras (70%)*; Shell Brasil (30%)
2.360.000,99
250
Pelotas
SP-AUP3
P-M-1359
Petrobras (70%)*; Shell Brasil (30%)
2.850.000,99
250
Pelotas
SP-AUP3
P-M-1439
Petrobras (70%)*; Shell Brasil (30%)
2.140.000,99
250
Pelotas
SP-AUP3
P-M-1516
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP3
P-M-1518
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP3
P-M-1595
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP3
P-M-1597
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP3
P-M-1739
Petrobras (50%)*; CNOOC Petroleum (20%); Shell Brasil (30%)
2.850.000,99
250
Pelotas
SP-AP1
P-M-132
Chevron Brasil Óleo (100%)*
21.920.657,13
484
Pelotas
SP-AP1
P-M-134
Chevron Brasil Óleo (100%)*
7.800.657,13
484
Pelotas
SP-AP1
P-M-190
Chevron Brasil Óleo (100%)*
4.920.657,13
483
Pelotas
SP-AP1
P-M-192
Chevron Brasil Óleo (100%)*
14.480.657,13
483
Pelotas
SP-AP1
P-M-194
Chevron Brasil Óleo (100%)*
7.200.657,13
483
Pelotas
SP-AP1
P-M-22
Chevron Brasil Óleo (100%)*
13.520.657,13
486
Pelotas
SP-AP1
P-M-24
Chevron Brasil Óleo (100%)*
16.880.657,13
486
Pelotas
SP-AP1
P-M-76
Chevron Brasil Óleo (100%)*
14.880.657,13
485
Pelotas
SP-AP1
P-M-78
Chevron Brasil Óleo (100%)*
7.500.657,13
485
Pelotas
SP-AUP8
P-M-1797
Petrobras (50%)*; CNOOC Petroleum (20%); Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP8
P-M-1799
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP7
P-M-1520
Petrobras (70%)*; Shell Brasil (30%)
2.140.000,99
250
Pelotas
SP-AUP7
P-M-1522
Petrobras (70%)*; Shell Brasil (30%)
2.140.000,99
250
Pelotas
SP-AUP7
P-M-1599
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP7
P-M-1674
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP7
P-M-1676
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP7
P-M-1678
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP7
P-M-1743
Petrobras (70%)*; Shell Brasil (30%)
2.170.000,99
250
Pelotas
SP-AUP2
P-M-1275
Chevron Brasil Óleo (100%)*
2.385.657,13
467
Pelotas
SP-AUP2
P-M-1277
Petrobras (70%)*; Shell Brasil (30%)
4.605.000,00
250
Pelotas
SP-AUP2
P-M-1279
Petrobras (70%)*; Shell Brasil (30%)
4.605.000,00
250
Pelotas
SP-AUP2
P-M-1281
Petrobras (70%)*; Shell Brasil (30%)
4.605.000,00
250
Pelotas
SP-AUP2
P-M-1361
Petrobras (70%)*; Shell Brasil (30%)
15.904.416,43
402
Pelotas
SP-AUP2
P-M-1363
Petrobras (70%)*; Shell Brasil (30%)
15.776.072,26
402
Pelotas
SP-AUP2
P-M-1441
Petrobras (70%)*; Shell Brasil (30%)
14.876.072,26
401
Pelotas
SP-AUP2
P-M-1443
Petrobras (70%)*; Shell Brasil (30%)
15.004.416,43
401
Santos
SS-AP4
S-M-1356
Karoon Brasil (100%)*
12.670.017,20
325
Santos
SS-AP4
S-M-1482
Karoon Brasil (100%)*
12.670.009,13
325
Santos
SS-AP4
S-M-1813
CNOOC Petroleum (100%)*
19.430.000,00
250
Santos
SS-AUP5
S-M-1378
Equinor Brasil (100%)*
62.500.000,00
1.095
* Operador
- Onshore exploration blocks
Basin
Sector
Block
Winning Company / Consortium
Signature Bonus (R$)
PEM (WU)
Potiguar
SPOT-T4
POT-T-511
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-512
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-513
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-515
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-516
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-557
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-559
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-560
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-602
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-603
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-604
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-607
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-612
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-644
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-647
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-648
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-649
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-656
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-657
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-691
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-692
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-693
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-694
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-701
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-703
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-739
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-742
PetroRecôncavo (100%)*
85.000,00
200
Potiguar
SPOT-T4
POT-T-745
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-746
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-748
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-749
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-783
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-786
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-789
Petro-Victory (100%)*
62.000,00
200
Potiguar
SPOT-T4
POT-T-790
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-792
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-793
PetroRecôncavo (100%)*
85.000,00
200
Potiguar
SPOT-T4
POT-T-794A
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-795
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-831
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-833
Petro-Victory (100%)*
62.000,00
200
Potiguar
SPOT-T4
POT-T-835
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-836
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-838
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-839
Petro-Victory (100%)*
62.000,00
200
Potiguar
SPOT-T4
POT-T-840
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-841
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-913
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T4
POT-T-914
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-196
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-197
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-209
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-210
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-211
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-223
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-224
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-225
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-257
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-276
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-298
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-472
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T2
POT-T-473
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-303
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-331
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-367
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-368
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-396
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-403
3R Areia Branca (100%)*
100.000,00
200
Potiguar
SPOT-T3
POT-T-407
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-408
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-439
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-440
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-446
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-447
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-448
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-449
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-450
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-484
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-485
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T3
POT-T-488
3R Areia Branca (100%)*
100.000,00
200
Potiguar
SPOT-T1B
POT-T-192
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-194
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-195
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-204
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-207
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-208
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-426
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-427
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-428
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-469
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T1B
POT-T-470
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-523
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-527
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-530
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-531
3R Areia Branca (100%)*
100.000,00
200
Potiguar
SPOT-T5
POT-T-574
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-576
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-620
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-662
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-663
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-664
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-665
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-704
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-705
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-706
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-750
Elysian (100%)*
51.000,00
200
Potiguar
SPOT-T5
POT-T-751
Elysian (100%)*
51.000,00
200
Paraná
SPAR-CS
PAR-T-335
Blueshift (100%)*
210.014,00
600
Espírito Santo
SES-T4
ES-T-380
Elysian (100%)*
51.000,00
200
Espírito Santo
SES-T4
ES-T-389
Elysian (100%)*
51.000,00
200
Espírito Santo
SES-T4
ES-T-398
Elysian (100%)*
51.000,00
200
Espírito Santo
SES-T4
ES-T-399
Elysian (100%)*
51.000,00
200
Espírito Santo
SES-T4
ES-T-407
Elysian (100%)*
51.000,00
200
Espírito Santo
SES-T4
ES-T-408
Elysian (100%)*
51.000,00
200
Espírito Santo
SES-T2
ES-T-226
Elysian (100%)*
51.000,00
200
Espírito Santo
SES-T6
ES-T-504
Elysian (100%)*
51.000,00
200
Espírito Santo
SES-T6
ES-T-514
Elysian (100%)*
51.000,00
200
Espírito Santo
SES-T6
ES-T-525
Elysian (100%)*
51.000,00
200
Tucano
STUC-S
TUC-T-132
Imetame (30%)*; Energy Paranã (70%)
50.878,00
200
Tucano
STUC-S
TUC-T-133
Imetame (30%)*; Energy Paranã (70%)
50.878,00
200
Tucano
STUC-S
TUC-T-138
Imetame (30%)*; Energy Paranã (70%)
50.878,00
200
Amazonas
SAM-O
AM-T-107
ATEM Participações (100%)*
853.000,00
900
Amazonas
SAM-O
AM-T-133
ATEM Participações (100%)*
1.302.000,00
910
Amazonas
SAM-O
AM-T-63
ATEM Participações (100%)*
5.083.000,00
1.430
Amazonas
SAM-O
AM-T-64
ATEM Participações (100%)*
585.000,00
400
Recôncavo
SREC-T1
REC-T-45
Imetame (100%)*
100.000,00
200
Recôncavo
SREC-T1
REC-T-56
Imetame (100%)*
100.000,00
200
Recôncavo
SREC-T1
REC-T-76
PERBRAS (100%)*
93.000,00
205
Recôncavo
SREC-T1
REC-T-82
Imetame (100%)*
100.000,00
200
Recôncavo
SREC-T1
REC-T-85
PERBRAS (100%)*
145.000,00
225
Recôncavo
SREC-T1
REC-T-86
Imetame (100%)*
100.000,00
200
Sergipe-Alagoas
SSEAL-T3
SEAL-T-228
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T3
SEAL-T-262
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T3
SEAL-T-263
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T3
SEAL-T-271
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T2
SEAL-T-156
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T2
SEAL-T-164
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T2
SEAL-T-176
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T1
SEAL-T-31
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T1
SEAL-T-39
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T1
SEAL-T-67
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T1
SEAL-T-71
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T1
SEAL-T-72
Elysian (100%)*
51.000,00
200
Sergipe-Alagoas
SSEAL-T1
SEAL-T-77
Elysian (100%)*
51.000,00
200
* Operador
See also the page with the detailed results (in Portuguese). The signing of the contracts is planned to take place by May 5, 2024.
Under the concession regime, the winners of the bidding rounds for exploratory blocks are defined by two criteria: signature bonus (80%) and minimum exploration program — PEM, in Portuguese — (20%) offered by the bidders. For the areas with marginal accumulations, the only criterion is the signature bonus.
Bonuses are the cash values offered by the companies, starting from a minimum defined in the tender protocol, and are paid by the winners before signing the contracts. The PEM, measured in work units (WUs), defines a minimum of activities that the company proposes to carry out in the block during the first phase of the contract (exploration phase), such as seismic, well drilling, etc.
In the 4th Cycle of the Open Acreage in the Concession model, the area with marginal accumulations Japiim and 33 sectors of exploration blocks were offered, in nine basins: Amazonas, Espírito Santo, Paraná, Pelotas, Potiguar, Recôncavo, Santos, Sergipe-Alagoas and Tucano.
The recording of the public session can be accessed here.
Detailed results - 2nd Cycle of the Open Acreage in the Production-Sharing Regime
See also the page with the detailed results (in Portuguese). The signing of the contracts is planned to take place by May 31, 2024.
The recording of the public session can be accessed here.
As in all bidding rounds in the production-sharing regime, in this one the signature bonuses (amount paid in cash by companies who acquire areas in the bid) were fixed and provided for in the tender protocol.
Thus, the criterion for choosing the winning companies was the profit oil for the Federal State. The tender protocol established a minimum percentage of profit oil, from which the companies made their offers.
The profit oil is the portion of the oil and/or natural gas production to be shared between the Federal State and the contracted company, according to criteria defined in the contract, resulting from the difference between the total volume of production and the installments corresponding to the royalties due and the cost oil (portion of the production corresponding to the company's operating costs and investments in the field).
What is the Open Acreage
The Open Acreage is currently the main regimefor the bidding of areas for exploration and production of oil and natural gas in Brazil. In this format, there is a continuous supply of exploration blocks and areas with marginal accumulations located in any onshore or offshore basins.
In this way, companies do not need to wait for a “traditional” bidding round to have the opportunity to acquire a block or area with marginal accumulation — they become permanently on offer. In addition, companies have as much time as they deem necessary to study the technical data of these areas before making an offer, without the limited term of the tender protocol for a bidding round.
In this modality, registered bidders can express interest in any blocks, areas or sectors, as long as they present declarations of interest, accompanied by a guarantee of offer, in accordance with the terms of the current tender protocol. Once one or more declarations have been presented, and all documentation has been approved, the Special Bidding Commission (CEL) publishes a schedule for carrying out a cycle.
Currently, there are two models of the Open Acreage: the Concession regime(OPC) and the Production-Sharing regime(OPP), according to the contracting regime (concession and production-sharing).