Petrobras makes second oil discovery this month

Brazilian oil and gas company Petrobras has identified the presence of oil in an exploration well of the Sudoeste de Tartaruga Verde block, located in the Campos Basin in Brazil. 

The well, informally called Natator, is located 130 km from the city of Macaé (RJ), in water depths of 1,080 metres, with the discovery of oil in carbonate reservoirs in the post-salt section.

Petrobras said on Tuesday that the well data would be analyzed to better target exploratory activities in the area and assess the potential of the discovery.

The Sudoeste de Tartaruga Verde block, acquired in the 5th Production Sharing Round, in September 2018, is inserted in the so-called Pre-salt Polygon, under a production sharing regime.

Petrobras is the operator of the block with a 100% interest, with Pre-sal Petróleo S.A. (PPSA) as manager.

This is Petrobras’ second oil discovery this month, the first one being in the Uirapuru block, located in the Santos Basin pre-salt.

The pioneer well is located about 200 km off the coast of the city of Santos (SP), at a water depth of 1,995 metres, with the discovery of oil in porous reservoirs in the exploratory prospect known informally as Araucária.