Petrobras confirms deepwater presalt oil discovery in Santos basin

Offshore staff

RIO DE JANEIRO – Petróleo Brasileiro S.A. (Petrobras NYSE:PBR) has confirmed the presence of good quality oil (31º API) in ultra deepwater Santos basin presalt.  Well 1-SPS-98 (1-BRSA-1063-SPS), informally known as Sagitário, is the first well drilled in block BM-S-50 and is 194 km (120.5 mi) off the coast of São Paulo state in 1,871 m (6,137 ft) of water.

The oil was found in carbonate reservoirs below the salt layer at a depth of 6,150 m (20,172 ft). The well is still drilling toward the planned depth of 6,950 m (22,796 ft), with the aim of defining the base of the oil reservoirs

Petrobras has found several producing areas in Santos basin.

Petrobras is the operator of the consortium (60%) in partnership with BG E&P Brasil (20%), and Repsol Sinopec Brasil (20%).  


Sagitario well by Petrobras

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...