Petrobras Discovers Oil Accumulation in Espirito Santo Basin

Petrobras has discovered a new oil accumulation (15° API) in the post-salt layer of the Espirito Santo Basin. It lies within the BM-ES-24 concession (Block ES-M-661), 58 km off the coast of Vitoria, capital of Espirito Santo state.

The discovery was made during the drilling of the Grana Padano well, 64 km from the Golfinho field, at a water depth of 1208 meters. The discovery was confirmed by the gas detector response and profiling data for reservoirs at a depth of 2008 meters. Petrobras (70%) is the operator of the consortium exploring the concession, which also includes IBV (30%).

The consortium will continue exploring the block and intends to submit a proposed Assessment Plan to the National Petroleum Agency (ANP) with the aim of delimiting the accumulation discovered and estimating reservoir volumes and productivity.

• Max Commenced UTS-5 Well in Kazakh Block A 
• Petroamerica Tests Light Oil From Curiara-1 Well 
• Turkey Aims to Sign Oil & Gas Deals with Kurdistan 
• Max Successfully Drilled Baichonas West Appraisal Well 
• Launching the 4th Tanzania Bidding Round in October 2013 
• Indonesia Offers 21 Oil and Gas Blocks in Tender 
• Tethys Petroleum Signs Protocol of Intent in Uzbekistan 
• DualEx Provides Update on Upcoming Tunisia Drilling 
• Approval of Licence Extension Asanketken Field on Trial Production 
• Circle Oil Announces Preliminary Results in 2012 

• Petrobras Acquires Exploratory Block In Nigeria 
• Petrobras Purchases Participation in Equatorial Guinea 
• Petrobras & BP Find Oil in Brazil's Ceara Basin 
• Petrobras Completes Drilling in Southern Guara 
• Oil & Gas Companies 
• Oil Shale