The density is similar to that found in Campo de Fazenda Alegre, in the same basin, specially suited to the production of lubricants. The infrastructure currently nearing completion in the region, consisting of a treatment plant and a terminal for transporting heavy oil, will make it easier to develop the new deposit, should it be declared commercially viable. The discovery supports Petrobras's decision to resume exploration of mature basins, like onshore Espírito Santo, and to invest in technological solutions for the exploration and production of heavy oils. The combination holds out significant potential for raising the Company's production and reserves.
The new discovery is located in exploration block BT - ES - 21 (BT stands for onshore basin, ES for the state of Espírito Santo and 21 is the number of the block), acquired by Petrobras in the 5th round of auctions held in August 2003. It is also the result of Petrobras's compliance with the minimum exploration program signed in November 2003 with the National Oil Agency (ANP).
Most Popular Articles
From the Career Center
Jobs that may interest you