Brazilian oil and gas company Petrobras said Thursday it has identified the presence of oil in the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt.
In a press release, the company said that the pioneer well, located about 200 km off the coast of the city of Santos (SP) and with a water depth of 1,995 meters, was discovered to have oil in porous reservoirs in the exploratory prospect known informally as Araucária.
“The well data will be analyzed to better target the exploratory activities in the area and assess the potential of the discovery,” the release said.
Petrobras said that the Uirapuru block, acquired in the 4th Production Sharing Round in June 2018, is inserted in the so-called Pre-salt Polygon, under a production sharing regime, having Pré-sal Petróleo S.A. (PPSA) as manager.
Petrobras is the operator of the block and holds a 30% stake, in partnership with ExxonMobil (28%), Equinor (28%) and Petrogal (14%).