Petrobras has announced that the consortium formed by Petrobras (65% - Operator), the BG Group (25%), and Galp Energia (10%), to explore block BM-S-11, in ultradeep Santos Basin waters, proved the existence of yet another light oil field, with specific gravity around 30 degrees API, in the pre-salt reservoirs.
Block BM-S-11 is composed of two exploratory areas. The first well, the 1-BRSA-369A-RJS (1-RJS-628A), was
The new discovery well, called 1-BRSA-618-RJS (1-RJS-656) and informally know as Iara, is located in the
The discovery was proved by a light oil sampling collected via a cable test carried out in reservoirs at a depth of
After well completion, the Consortium will proceed with the activities and make the investments that are required to verify both field dimensions and oil reservoir characteristics by forwarding an Assessment Plan to the NPA, as provided for in the Concession Agreement.
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