Petrobras Finds Light Oil in Moita Bonita Area

Petrobras has finished drilling well 3-BRSA-1296-SES in the Sergipe Basin’s ultra-deep waters, in concession BM-SEAL-10, block SEAL-M-499.

The test results confirmed the presence of light oil (higher market value) and good reservoir porosity and permeability, the company informed.

The well was drilled to a depth of 6,060 m. It is located 94 km off the Aracaju coast (SE), 10 km from the discovery well, at a water depth of 2,988, setting a new record for Brazilian offshore well depth.

This is the third extension well in the Moita Bonita Area, discovered on August 2012, and is part of the Segipe-Alagoas Basin deep-water exploration Project.

Petrobras holds a 100% interest in the block and will proceed with the Discovery Evaluation Plan approved by Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP).

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