Petrobras finds oil reserves at two offshore fields in Brazil

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Petrobras has announced the discovery of oil reserves in two offshore fields operated by the company in Brazil.

The company has confirmed finding oil of excellent quality in the Southeast area of the Búzios field, in the Santos Basin pre-salt, 210 km from Rio de Janeiro.

Currently in the drilling process, the well has already identified 208 meters of reservoirs containing oil with a quality similar to that produced currently in the Búzios field.

The well has a water depth of 2,108 meters.

The quality of discovered oil was proven following tests carried out from 5,400 meters depth.

Petrobras is the operator of the consortium in the Búzios field, with CNOOC and CNODC as partners.

The Brazilian oil company owns 90% stake in the field, while its two partners hold a stake of 5% each.

Petrobras stated: “The Búzios field is covered by the largest seismic data volume of the nodes type in the world, whose technology is among the most modern for the construction of three-dimensional images of high resolution in oil reservoirs, allowing to optimize the productivity and profitability of this field.”

The second discovery was made in the pre-salt of the Albacora field.

It consists of approximately 214 meters of reservoirs, with the presence of light oil, proven through tests carried out from 4,630 meters depth.

The well has a water depth of 450 meters.

It is located in the Albacora field, inside the Plano de Avaliação de Descoberta (PAD) of Forno area, in the Campos Basin pre-salt, 184 km from Macaé, Rio de Janeiro.

Petrobras is the operator of the field, with a stake of 100%.