New Well Sweetens Tupi's Oil Potential

West Taurus Ultra-Deepwater Rig
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Petrobras completed the drilling of another well in the Tupi area, confirming the potential of the pre-salt reservoirs of the field. Drilled by the West Taurus semisub, the 3-BRSA-795-RJS well, known as Tupi OW, reinforced Tupi holds an estimated 5 to 8 billion barrels of recoverable light oil and natural gas. The discovery was proven when light oil samplings were collected via a cable test from reservoirs located at depths greater than those of previously drilled wells. Located in the Tupi Evaluation Plan, the Tupi OW well lies roughly 8 miles (12.5 kilometers) north of the discovery well. Tupi is situated in Block BM-S-11 in the Santos Basin, 155 miles (250 kilometers) from the southern coast of Rio de Janeiro.

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Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
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