Statoil together with operator Repsol Sinopec and partner Petrobras confirm the significant potential of the pre-salt block BM-C-33 in the Campos basin offshore Brazil.

The total estimated resources of the block amount to more than 700 million barrels of light crude and 3 Trillion cubic feet (Tcf) of gas. The estimate includes the Seat, Gávea and Pão de Açúcar discoveries.

“The updated volumes for the pre-salt discoveries confirm the high potential in the Campos Basin and it also strengthens our confidence in our position in the pre-salt Kwanza basin in Angola”, says executive vice president for Exploration in Statoil, Tim Dodson.

Tags: Statoil