Petrobras has declared the discovery of good quality oil in the third well drilled in the Santos Basin pre-salt cluster's Sul de Guará region. According to the Rights Transfer contract, Petrobras is entitled to produce up to 319 million barrels of oil equivalent in this area.

This discovery well, 1-BRSA-1045-SPS (1-SPS-96), lies 320 km off the coast of the State of São Paulo and is located in the southern portion of Sapinhoá Field at a water depth of 2,202 meters.

Cable tests were used to confirm that the discovery was good quality oil (around 27º API). A sample was taken from carbonate reservoirs below the salt layer.

The well is currently being drilled to a depth of 5,058 meters to determine the lower limit of the reservoir.

Tags: Petrobras