Petrobras makes good quality oil find in Santos basin pre-salt
RIO DE JANEIRO -- Petrobras announces that it has confirmed the presence of good quality oil (31 º API) in ultra-deep waters in the Santos basin pre-salt while drilling well 1-SPS-98 (1-BRSA-1063-SPS), informally known as Sagitário. This is the first well to be drilled in the BM-S-50 block and is located 194 km off the coast of the state of São Paulo in 1,871 m of water.
The concession where this well is being drilled is located west of the main discovery in the Santos basin pre-salt (cluster blocks). The importance of this discovery lies in the fact that this is an exploration frontier.
The oil was found in carbonate reservoirs 6,150 m below the salt layer. The well is still being drilled up to a final depth of 6,950 m to define the bottom of the oil reservoirs.
Petrobras is the consortium operator (60%) in partnership with BG E&P Brasil (20%) and Repsol Sinopec Brasil (20%).