Project Profile
Location: 194 kilometres off the coast of the state of São Paulo, Brazil
Water Depth: 1,871 metres
Exploration start-up: 2013
Petrobras has confirmed the presence of good quality oil (31 º API) in ultra deep waters in the Santos Basin pre-salt while drilling well 1-SPS-98 (1-BRSA-1063-SPS), informally known as Sagitário. This is the first well to be drilled in the BM-S-50 block and is located 194 km off the coast of the state of São Paulo, Brazil in 1,871 metres of water. The concession where this well is being drilled is located west of the main discovery in the Santos Basin pre-salt (cluster blocks). The importance of this discovery lies in the fact that this is an exploration frontier. The oil was found in carbonate reservoirs 6,150 metres below the salt layer. The well is still being drilled up to a final depth of 6,950 metres to define the bottom of the oil reservoirs. Petrobras is the consortium operator (60%) in partnership with BG E&P Brasil (20%) and Repsol Sinopec Brasil (20%).
Operators:
Petrobras: Operator with 60% interest
BG E&P Brasil: 20% interest
Repsol Sinopec Brasil: 20% interest