Rio de Janeiro – On this Friday (4th), the Brazilian oil company Petrobras announced the discovery of more oil in the pre-salt area of the Campos Basin, off the Northern coast of the state litoral of Rio de Janeiro.
In a statement, the oil company informs that the oil is located at a depth of 648 metres, in the Marlim Field, and that approximately 5,000 metres were drilled in order for the reservoir to be reached.
“Preliminary estimates point to potential recoverable around 380 million barrels of oil equivalent. Further testing should assess the productivity of these reservoirs,” says the statement.
According to Petrobras, the new well is located in an area near the existing infrastructure at the Marlim and Voador fields, and 4.5 kilometres away from the P-27 platform, “which should make the field’s development easier, shorten the period required for production to start, and possibly reduce the investment needed.”
The state-owned company informed that the new discovery will be submitted soon to the National Petroleum, Natural Gas and Biofuel Agency (ANP, in the Portuguese acronym).
*Translated by Gabriel Pomerancblum