Petrobras Flies High with New Santos Basin Find

Petrobras announced Tuesday a new accumulation of "good quality oil" at the Santos Basin, off the southeast coast of Brazil.

Petrobras discovered oil in ultra-deep waters at well 4-BRSA-946C-SPS, or Bigua, using rig Sevan Driller (UDW semisub). The well, located approximately 17650 feet (5,380 meters) below seabed, tested at 25 degrees API in an oil sampling, said Petrobras in a statement.

This discovery marks Petrobras' second discovery in the region. According to the statement, the Company will begin drilling the third well (Carcara) in a few days.

Petrobras acts as the consortium operator in partnership with Shell Brasil Petroleo Ltda (20 percent) and Petrogal Brasil (14 percent).

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States Odessa: Field Engineer - Logging and Perforating
Expertise: Field Development
Location: Odessa, TX
 
Project Procurement & Contracts Advisor (Subsea Equipment)
Expertise: Contracts Engineer|Purchasing|Subsea Engineering
Location: Houston, TX
 
Geologist
Expertise: Geologist
Location: St. Louis, MO
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours