Petroleo Brasileiro SA (Petrobras) confirmed oil at well 9-BUZ-48D-RJS in the extreme northwest of Búzios field, presalt Santos basin, 116 miles from Rio de Janeiro.
The well was drilled in 6,069 ft of water. Tests carried out from 18,175 ft confirmed an oil discovery of excellent quality and reinforce the potential of the pre-salt in Búzios (OGJ Online, May 11, 2020).
Petrobras plans to install four new floating production, storage, and offloading vessels (FPSO) in Búzios and drill about 100 new wells, for a total spend of about $55 billion.
Petrobras is operator at Búzios (90%). China National Offshore Oil Corp. holds 5% and China National Oil and Gas Exploration and Development Corp. holds the remaining 5%.