KEYNOTE ADDRESS The role of BDEP in the management of information on the Brazilian Sedimentary Basins Sedimentary Basins Magda Chambriard Director Brazilian Agency of Petroleum, Natural Gas and Biofuels

Presentation Structure 1. ANP Structure and Upstream Divisions 4. BDEP – Brazilian Data Center 3. Improving knowledge on the Brazilian Sedimentary Basins 2. Brazilian Oil Industry Current Status

UPSTREAM DIVISIONS ANP Upstream Areas SDT Technical Data Division SDB Blocks Definition Division SPL Licensing Rounds Division SPG Government Take Division SEP Exploration Division SDP Development and Production Division NFP Production inspecting CSO Operational Safety CCL Local Content CMA Environment Protection

Companies 40 national 38 foreign Concession Contracts (March/2011) Exploratory Phase: 349 blocks Production/Development Phase: 400 fields Current Status of Oil Industry

Production Oil – 2,18 million bbl/d Gas – 62,8 million m 3 /d Net Imports/Exports Oil – 292,7 thousand bbl/d Gas – 34,6 million m 3 /d Proven Reserves Oil – ~ 14 billion bbl (*) Gas – ~ 417 billion m 3 (*) Includes proved reserves from the pre-salt area (“Lula” field) Current Status of Oil Industry (2010)

Petroleum Reserves Billion barrels More than 30 billion bbl Lula, Iara, Guará, Parque das Baleias, Franco and Libra

The Pre-Salt as a New Paradigm (up to 50 billion bbl?) From 2004: 71 wells drilled 13 wells (18%) without discovery 2-ANP-2A-RJS 2-ANP-1-RJS

New data in the Brazilian Sedimentary Basins The seismic acquisitons performed by Data Acquistion Companies (DACs) after the monopoly Flexibilization were crucial for discovering the Pre-Salt area – the new horizon to petroleum industry Seismic pre-1998 Seismic until 2002 Current seismic

Concluded projects Investments of ~ US$ 190 million On going projects Investments of ~ US$ 121 million ANP Data Acquisiton G & G 5-year plan

5-year plan total investment ~ US$ 650 million Seismic assessment in Jacuípe basin (2D) Magnetoteluric surveys in Paraná, Parecis and Amazonas basins Projects in bidding phase Seismic assessment in Santos (3D), Ceará and Parnaíba basin (2D) Geochemistry surveys in Tacutu and Foz do Amazonas basins Petroleum systems studies in São Francisco basin Drilling of four to six stratigraphic wells Projects under consideration G & G 5-year plan

ANP Data Bank The Brazilian Data Center is the unit inside ANP responsible for storing all technical data acquired on petroleum exploration and production activities throughout Brazilian sedimentary basins. What is BDEP?

- 1995: Constitutional amendment n°9 – Monopoly flexibilization : Law n°9478 – Creation of the Regulatory Agency – ANP Article 8°, item XI - “organize and maintain archives of information and technical data related to petroleum, natural gas and biofuels industry regulated activities” : To achieve this mission, ANP created BDEP, operated through a technical agreement with the National Geologic Survey - CPRM ANP Data Bank Legal issues

1,800,000 km seismic lines 19,000 wells 912,500 km non-seismic data 1998: Petrobras Data collection transfer to ANP (legacy data) Seismic Data Well Data Non-seismic Data The competitive market structure led to a growth of data acquisition activities Represents 2.3% of current BDEP´s Data collection in volume ANP Data Bank

SEISMIC PRE-STACK 3,164 Tb 213 THOUSAND TAPES TOTAL = 3,198 Tb or 3.2 Pb BDEP DATA COLLECTION (2010) Corresponding to million of full drawers 2,041,275 DVD´s 20 billion of digital photos  Post-stack seismic = 1,130 surveys  Wells = 25 thousand  Potential methods = 339 programs Data Collection

BDEP yesterday and today Increase x 44 TOTAL COLLECTION 3.2 PB NUMBER OF MEMBERS NUMBER OF APPLICATIONS REVENUE mi 3.2 mi PB x 1.9 x 3.7 x

BDEP Investments TECHNOLOGY Investments US$ 3.5 million invested in hardwares in 2008/2009 US$ 4.1 million forecasted for 2010/2011

Oil Companies (exclusive data) DACs Data Acquisition Companies (non-exclusive data) ANP data acquisition (foment data) Quality Control Data Loading Data Storing Data collection Data Delivery Licencing Rounds (data package) ANP (blocks study and offer) Associated Members Universities Eventual Users Confidentiality Period ANP Standards BDEP Activities

Exemple of associated companies Eventual Users: all the others concessionaires and service companies

Final Remarks Data Availability is a key issue for the oil & gas industry; The intensification of E&P activities in Brazil increases the challenge of ensuring the availability of good data just in time; New data acquisitions impose us agility to build new standards to store and release information; ANP is really interested in cooperating with NDR members for the improvement of technical data management.

Director Magda Chambriard March/2011