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Petrobras makes a new oil discovery in the Espírito Santo Basin


Published Jul 16, 2008
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Petrobras makes a new oil discovery in the Espírito Santo Basin

Petrobras has made a discovery of good quality oil (27º API) in the Espírito Santo Basin.

The new discovery (4-GLF-23-ESS) is located in the area of the Golfinho field, 60 kilometers away from the city of Vitória, at a water depth of 1,374 meters. The first estimates indicate a potential of 150 million barrels of recoverable oil.

The discovery, located in a concession that belongs 100% to Petrobras, opens new exploratory perspectives for the area and has the advantage of being located near infrastructure that is already installed in the Golfinho field.

As a result, the volumes that were discovered will be incorporated to the Company’s reserves and may go into production in a short period of time

Tags: Petrobras




   

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