RIO DE JANEIRO –Petrobras has made an oil discovery in the third Sul de Guará region well. The Santos basin well, drilled in the presalt cluster, is 320 km (≈200 mi.) offshore São Paulo state is in 2,202 m (7,224 ft.) of water in the southern part of Sapinhoá field.
Cable tests on well 1-BRSA-1045-SPS (1-SPS-96) confirmed 27º API oil from carbonate reservoirs below the salt. The well is being deepened to 5,058 m (16,594 ft.) to define the lower limits of the reservoir.
Following that, a formation test to determine productivity is slated according to the Mandatory Exploration Program with the Rights Transfer Contract.