Petrobras announces that the second well drilled after the execution of the Transfer of Rights Agreement with the Brazilian National Oil, Natural Gas and Biofuels Agency (ANP) has confirmed the discovery of good quality oil in the area known as Tupi Northeast, in the Santos Basin Pre-Salt.

This well, named 1-BRSA-976-RJS (1-RJS-691), is located Northeast of the Lula field, at a water depth of 2,131 meters, and 255 km off the coast of the city of Rio de Janeiro.

Once drilling is completed, a Formation Test is scheduled to be performed in order to assess the productivity of the oil reservoirs. Additionally, Petrobras will continue the activities and investments provided in the Mandatory Exploratory Program (Programa Exploratório Obrigatório, PEO) of the Transfer of Rights Agreement, which provides the performance of an Extended Well Test (EWT) in this area.

Tags: Petrobras