Petrobras finds oil near Piranema field

Petroleo Brasileiro SA (Petrobras) reported the discovery of light oil below salt 28 km off the Brazilian state of Sergipe.

By OGJ editors
HOUSTON, Mar. 16
-- Petroleo Brasileiro SA (Petrobras) reported the discovery of light oil below salt 28 km off the Brazilian state of Sergipe.

It said the 3-PRM-12-SES well, in the northern part of the Piranema concession area in the Sergipe basin, indicated presence of 44º gravity oil in good-quality sandstone.

The well was drilled to 2,693 m in 800 m of water.

Petrobras plans a second well and is considering a development scheme tied to the production platform on nearby Piranema oil field.

It estimated economically recoverable oil in the discovery at 15 million bbl.

More in Home