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Petrobras Makes Oily Discovery at Campos Basin Wildcat Well

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   |    Monday,April 04,2022

Petrobras reported that it has discovered a new oil accumulation in the pre-salt in the southern portion of the Campos Basin in a wildcat well in the Alto de Cabo Frio Central block.

The well 1-BRSA-1383A-RJS (Alto de Cabo Frio Central Noroeste) is located 230 km from the city of Rio de Janeiro-RJ, in a water depth of 1,833 meters.

The oil-bearing interval was verified by means of loggings and oil samples, which will later be
characterized by laboratory analyses. The consortium will continue drilling the well to the final depth
originally planned, in order to assess the dimensions of the new accumulation, and to characterize
the quality of the fluids and reservoirs found.

The Alto de Cabo Frio Central block was acquired in October 2017, in the 3rd bidding round of the
National Agency for Petroleum, Natural Gas and Biofuels (ANP), under the Production Sharing
regime, with Pré-Sal Petróleo S.A. (PPSA) as manager.

Petrobras is the operator of the block and holds a 50% stake, in partnership with bp Energy do Brasil Ltda. (50%).

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