Brazil’s Petrobras discovers oil well

Brazil’s state-controlled oil and gas giant Petrobras Friday announced an oil discovery in the pre-salt reservoirs of the Santos Basin in Tupi northeast area, off the country’s southeastern coast.

Monday, March 12, 2012

Brazil’s state-controlled oil and gas giant Petrobras Friday announced an oil discovery in the pre-salt reservoirs of the Santos Basin in Tupi northeast area, off the country’s southeastern coast.The 1-BRSA-976-RJS (1-RJS-691) well is located northeast of the Lula field, at awater depth of 2,131 meters, and 255 km off the coast of Rio de Janeiro.According to the company, the discovery was confirmed by means of 26 degree API oil samples, obtained by cable tests collected from 4,960 meters underneath the water."So far, an oil column with over 290 meters in thickness has been identified in thepre-salt carbonate reservoirs,” Petrobras said.