Petrobras confirms potential of Moita Bonita area in state of Sergipe

Offshore staff

RIO DE JANEIRO – Petrobras reports that the first extension well 3-BRSA-1194-SES (3-SES-178) drilled in the Moita Bonita area, on concession BM-SEAL-10, confirms the extension of a gas and light oil discovery first announced on Aug. 24. The well, informally known as Moita Bonita-1, is in the ultra-deep waters of the Sergipe-Alagoas basin.

Fifty-meter-thick (164-ft-thick) reservoirs featuring good permeability and porosity were discovered, confirming the project's expectations.

The well is 83 km (51 mi) off the Aracaju coast, 7 km (5 mi) from the discovery well Moita Bonita 1-BRSA-1088-SES (1-SES-168), in water depth of 2,800 m (9,186 ft).

The Moita Bonita accumulation is part of the Sergipe-Alagoas basin deepwater development program. The consortium will proceed with the discovery evaluation plan approved by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), which covers concessions BM-SEAL-10 and BM-SEAL-4.

Petrobras is the operator of both areas, holding 100% interest in BM-SEAL-10 and in partnership with ONGC (25%) in BM-SEAL-4.

12/19/2013

Moita Bonita area of Sergipe-Alagoas basin

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