Petrobras completes formation test in Farfan area in the Sergipe-Alagoas basin

10/21/2013

Petrobras completes formation test in Farfan area in the Sergipe-Alagoas basin

RIO DE JANEIRO -- Petrobras has completed a formation test in well 3-BRSA-1178D-SES (3-SES-176D), informally known as Farfan 1. This is the first well to evaluate the production capacity of the accumulation located in the concession area BM-SEAL-11, block SEAL-M-426, in the ultradeep waters of the Sergipe-Alagoas basin.

The test evaluated 30 m of turbidite sandstones formation and confirmed good reservoir characteristics featuring excellent productivity of good quality oil (38º API).

The well is 104 km off the city of Aracaju, some 5 km from the discovery well (BRSA-1083) and at a water depth of 2,476 m.

This formation test, conducted at a depth of 5,609 m,  is a continuation of the operations carried out in the area as released to the market on August 9. Petrobras will proceed with other activities as soon as the Discovery Evaluation Plan submitted to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) is approved.

Petrobras is the operator of the consortium (60%) in partnership with IBV-BRASIL (40%).

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