Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Yes, we re going to have a drilling campaign in 2021, with the timing focused on the second half of 2021, Araujo said during a webinar. Shell hired Seadrill s West Tellus rig to conduct the drilling campaign, Araujo said.
Shell is moving full-steam ahead with exploration of a plethora of fresh acreage snapped up at licensing rounds held in 2017-2019, when Brazil eased restrictions on subsalt development and allowed foreign oil companies to operate subsalt fields sold under production-sharing contracts. Shell purchased several subsalt blocks in production-sharing auctions, as well as stakes in concession blocks holding subsalt potential located outside the polygon that required production-sharing contracts.