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.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

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
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  NOPSEMA Seeks More Details on BP's Gre... (Sep 29)
 -  WFS Appoints IMEC as Agent in Malaysia... (Sep 29)
 -  Oil Industry Teams Up to Fight Cyber-C... (Sep 29)
 -  Council Officials Recommend Approval f... (Sep 29)
 -  Maersk Oil Begins Culzean Drilling Cam... (Sep 29)


Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Geologist - International E&P Company
Expertise: Geologist|Geoscientist
Location: Texas, United States, TX
 
Senior GIS Analyst
Expertise: Cartography / Mapping|Geologist|Geoscientist
Location: Houston, TX
 
Manager of Maintenance and Asset Management
Expertise: Asset Management|Mechanical Engineering|Operations Management
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $48.69/BBL 5.91%
Light Crude Oil : $47.05/BBL 5.32%
Natural Gas : $2.952/MMBtu 1.60%
Updated in last 24 hours