Petrobras finds oil near Piranema field | Oil & Gas Journal

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.

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