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Petrobras on New Oil Discovery in the Pre-salt

Source: www.gulfoilandgas.com 4/2/2020, Location: South America

Petrobras has identified the presence of oil in the pioneer well of 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 meters, with the discovery of oil in porous reservoirs in the exploratory prospect known informally as Araucaria. The well data will be analyzed to better target the exploratory activities in the area and assess the potential of the discovery.

The Uirapuru block, acquired in the 4th Production Sharing Round in June 2018, is inserted in the so-called Pre-salt Polygon, under a production sharing regime, having Pre-sal Petroleo S.A. (PPSA) as manager. Petrobras is the operator of the block and holds a 30% stake, in partnership with ExxonMobil (28%), Equinor (28%) and Petrogal (14%).

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