Brazil’s Petrobras Strikes Gas Off Santos Coast

Petrobras worker in Santos, Brazil Brazilian state-controlled oil and gas multinational, Petrobras, announced that the Consortium formed by that company and Spain's Repsol discovered a "thick column of natural gas" in the offshore Santos basin, southeast of Brazil.

An official release indicates that Petrobras, the operator with 63%, and Repsol, 37%, working in Block BM-S-7 drilled a well (6-SPS-53), located in shallow waters in the southern portion of the Santos Basin, State of São Paulo, proving the presence of "a thick column of gas in reservoirs above the salt layer".

The well is located some 210 km southeast of the city of Santos, in water depths ranging 214 meters. Drilling the well is part of the exploratory activities for the Assessment Plan of well 1-BSS-68, as approved by the NPA, which has determined "the presence of gas in sandy reservoirs in the post-salt section."

The discovery was confirmed with tests conducted in reservoirs located as of a depth of 3.970 meters.

The Consortium will continue exploratory activities, with tests to be carried out in the gas intervals that have already been discovered. Only then will it be possible to declare the field is commercially viable.

Mercopress

Tags:

You May Also Like

Brazil to Chavez: Apologize or No Deal!

Venezuela may need to apologize to Brazil's Congress if it wants to join Mercosur ...

Brazil: Two Ex-Cops Get 31 Years in Jail for Torturing Journalists

Two Brazilian former police officers  were convicted for being part of the militia that ...

Brazilian Market Shrinks On News that Lula Might Get Involved in Bribery Plot

Latin American issues declined across the board. The most prominent losses were seen in ...

Lax Control Opens Brazil to Transgenic Contamination

With the appearance of genetically modified organisms in the last decade (which are also ...

Close to 3,000 Political Candidates Challenged in Court in Brazil

This is not an official number, but it’s been reported that in Brazil there ...

Lula: Brazil Is No Minor Player

The Brazilian President said that, in calling for a more balanced global system of ...

U.S. Control Over Internet Has to End, Says ECLAC, in Brazil

According to the secretary of the United Nations Economic Commission on Latin America and ...

An In-Depth Look at US Interventionism in Latin America Throughout History

Peter H. Smith, Simon Bolivar Professor of Latin American Studies at the University of ...

Brazilian Landless Want More than Land. They Want to Break Media Monopolies

Along with the United States and Argentina, Brazil is now one of the strongest ...

Former Brazilian President Fernando Henrique Cardoso

A Lesson on Brazil and Inequality by Former President Cardoso

Charming, elegant and eloquent. This could be a good definition at first sight of ...