Petrobras Finds Oil at Arjuna Well (Brazil)

Petrobras Finds Oil at Arjuna Well

Brazil’s oil company Petrobras announces that extension well Arjuna, which aims at delineating an accumulation off Vitoria, has confirmed the presence of light oil and gas in sandstone reservoirs in the Espírito Santo Basin post-salt.

This discovery was first announced on December 17th, 2010, when well 1-BRSA-882-ESS, known as Indra, was drilled.

The new well  is covered by the 1-BRSA-882-ESS (Indra) Evaluation Plan, and is around 130 km off the coast of Espírito Santo state, and 0.9 km northwest of the discovery well.

The oil reservoirs, approximately 200 meters deep, are located 3,679 meters down, at a water depth of 2,143 meters.

A formation test will be carried out to assess the productivity of the reservoir. As verified in the discovery well, the oil found is of good quality (29º API).

[mappress]
January 10, 2013