Petrobras makes Santos Basin discovery

The pioneer well is located about 200 km off the coast of the city of Santos (SP), at a water depth of 1995 m, with the discovery of oil in porous reservoirs in the exploratory prospect known informally as Araucária. The well data will be analysed to better target the exploratory activities in the area and assess the potential of the discovery.

The Uirapuru block, acquired in the 4^th Production Sharing Round in June 2018, is inserted in the so-called Pre-salt Polygon, under a production sharing regime, having Pré-sal Petróleo S.A. (PPSA) as manager. Petrobras is the operator of the block and holds a 30% stake, in partnership with ExxonMobil (28%), Equinor (28%) and Petrogal (14%).

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/03042020/petrobras-makes-santos-basin-discovery/