Petrobras Confirms Oil Find at Pitu North-1 Well in Brazil's Potiguar Basin
Petroleo Brasileiro S.A. (Petrobras) confirmed Tuesday an oil discovery at the Pitu North 1 extension well in the Pitu area, offshore Brazil.
"The discovery of this accumulation, the first in Potiguar Basin deepwaters, was first announced to the market Dec. 17, 2013," Petrobras said in a press release.
The 3-BRSA-1317-RNS well, known also as Pitu North 1, is the first extension well in the Pitu Discovery Evaluation Plan and is located 37 miles (60 kilometers) off the coast of Rio Grande do Norte state at water depth of 6,050 feet (1,844 meters) and final well depth of 13,780 feet (4,200 meters).
"The discovery was proven by profile analyses and fluid samples which will be analyzed in laboratories," Petrobras added.
Petrobras has a 40 percent operating interest in the BM-POT-17 concession, while BP and Petrogal hold a 40 percent and a 20 percent stake, respectively.
WHAT DO YOU THINK?
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.
Operates 33 Offshore Rigs
- BP Seeks Stake In Cairn Energy Senegal Assets (Nov 20)
- Officials: BP, Eni Interested In Developing Iraq's Majnoon Oilfield (Nov 20)
- Aker BP Buys Hess' Norway Unit For $2B (Oct 24)
Company: Petrobras more info
Operates 35 Offshore Rigs
Manages 13 Offshore Rigs
- Petrobras CEO Says To Discuss Refining Partnership With CNPC CEO (Nov 15)
- Ex-SBM Executives Plead Guilty In US To Petrobras Bribe Charges (Nov 09)
- CEO: Brazil's Petrobras Could Bid On More Blocks In Pre-Salt Auction (Oct 24)
Company: Petrogal more info
- Petrobras Confirms Oil Find at Pitu North-1 Well in Brazil's Potiguar Basin (Nov 18)
- First Oil Flows from 7-SPH-04-SPS Well in Sapinhoa Field in Santos Basin (Apr 07)
- SBM in $3.5B FPSO Deal (Jul 15)