Petrobras Hits Oil Pay in Santos Basin

Campos and Santos Basin
(Click to Enlarge)

Petrobras has made an oil discovery, about 26 degrees API, in Block BM-S-10 in the Santos Basin, offshore Brazil.

The discovery well 4-BRSA-818 (4-RJS-668), known as Macunaima, is located in a water depth of 7,001 feet (2,134 meters), and is located 152 miles (244 kilometers) off the coast of Rio de Janeiro.

The operator will further evaluate the discovery. Petrobras, operator, holds a 65% interest in the block; BG Group holds 25%; and Partex holds 10%.

continue reading the full article


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Fluids Analysis Specialist
Expertise: Chemist|Geochemist
Location: Houston
Asset Analyst
Expertise: Accounting|Asset Management|Financial Analyst
Location: Houston, TX
Senior Geophysicist / Geologist
Expertise: Geologist|Geophysicist
Location: Knoxville, TN
search for more jobs

Brent Crude Oil : $54.15/BBL 0.51%
Light Crude Oil : $51.47/BBL 1.45%
Natural Gas : $3.22/MMBtu 3.30%
Updated in last 24 hours