Further oil find for Petrobras in Santos basin

Petrobras has a new light oil discovery in block BM-S-9 in the Santos basin offshore Brazil.

Offshore staff

RIO DE JANEIRO -- Petrobras has a new light oil discovery in block BM-S-9 in the Santos basin offshore Brazil.

According to partner BG Group, well 3-BRSA-861-SPS (Carioca North-East) was drilled in a water depth of 2 151 m (7,057 ft), around 275 km (171 mi) offshore São Paulo state and 9 km (5.6 mi) northeast of the Carioca discovery well.

Initial analysis has revealed an oil accumulation (around 26° API) in a 200-m (656-ft) reservoir section. Drilling has been concluded and drillstem tests are to follow shortly.

Block BM-S-9 comprises two appraisal areas – Guará and Carioca (Petrobras is operator, in partnership with BG Group and Repsol).

01/26/2011

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