Brazilian state-run oil company Petrobras announced on Friday it has discovered an oil accumulation in the southern portion of the Campos Basin.
The facade of the headquarters of Petroleo Brasileiro S.A. is pictured in Rio de Janeiro, Brazil December 9, 2019. REUTERS/Sergio Moraes/File Photoannounced on Friday it has discovered an oil accumulation in the southern portion of the Campos Basin.
The oil was found in a pioneering well in the Alto de Cabo Frio Central block, which is owned by Petrobras and BPPetrobras said that it "will continue drilling the well to the final depth originally planned in order to assess the dimensions of the new accumulation and to characterize the quality of the fluids and reservoirs found."
The oil-bearing interval was verified by electrical profiles and oil samples, which will be further characterized by laboratory analysis, the company added. The block, part of pre-salt, is located about 230 kilometers from the city of Rio de Janeiro in a water depth of 1.83 kilometers , according to the company.Reporting by Carolina Pulice and Peter Frontini; Editing by Leslie Adler and Will Dunham