PETRONAS Petróleo Brasil has announced its first oil discovery in 4-BRSA-1386D-RJS well in the pre-salt Sépia oil field. The well is located in the prolific Santos Basin, about 250 km off the coast of Rio de Janerio, at a water depth of about 2,000 meters. The net oil column is one of the thickest ever recorded in Brazil.This significant discovery was made within the Sépia Co-Participated Area, which covers the Sépia Transfer of Rights (ToR) contract (Petrobras, 100%) and the Sepia ToR Surplus Production Sharing Contract awarded to Petrobras (30%), TotalEnergies (28%), QatarEnergy (21%) and PBBL (21%), with Pré-Sal Petróleo S.A. (PPSA) as manager. PPBL and its consortium partners won the Sépia ToR Surplus Production Sharing Contract during Brazil’s Second Transfer of Rights Surplus Bidding Round held in Rio de Janeiro in 2021.PPBL currently has participating interests in the Tartaruga Verde (BM-C-36 Concession) and Module III of the Espadarte (Espadarte Concession) deepwater fields located in the Campos Basin, offshore Brazil, and holds participating interests in three other deepwater exploration blocks in the Campos Basin (C-M-661, C-M-715 and C-M-541).
PETRONAS Petróleo Brasil has announced its first oil discovery in 4-BRSA-1386D-RJS well in the pre-salt Sépia oil field. The well is located in the prolific Santos Basin, about 250 km off the coast of Rio de Janerio, at a water depth of about 2,000 meters. The net oil column is one of the thickest ever recorded in Brazil.This significant discovery was made within the Sépia Co-Participated Area, which covers the Sépia Transfer of Rights (ToR) contract (Petrobras, 100%) and the Sepia ToR Surplus Production Sharing Contract awarded to Petrobras (30%), TotalEnergies (28%), QatarEnergy (21%) and PBBL (21%), with Pré-Sal Petróleo S.A. (PPSA) as manager. PPBL and its consortium partners won the Sépia ToR Surplus Production Sharing Contract during Brazil’s Second Transfer of Rights Surplus Bidding Round held in Rio de Janeiro in 2021.PPBL currently has participating interests in the Tartaruga Verde (BM-C-36 Concession) and Module III of the Espadarte (Espadarte Concession) deepwater fields located in the Campos Basin, offshore Brazil, and holds participating interests in three other deepwater exploration blocks in the Campos Basin (C-M-661, C-M-715 and C-M-541).
