Petrobras has confirmed a new post-salt oil discovery in the Sudoeste de Tartaruga Verde block, located in the Campos basin offshore Brazil. The find reinforces the country's momentum in offshore exploration and highlights Petrobras's continued success in mature deepwater basins.

Discovery and Location Details

The discovery was made at well 4-BRSA-1403D-RJS, situated 108 km offshore from Campos dos Goitacazes in a water depth of 734 meters. Drilling operations have been completed, and the presence of an oil-bearing interval was confirmed through multiple methods, including electrical logs, gas readings, and fluid sampling.

Next Steps and Analysis

Samples retrieved from the well will be sent for laboratory analysis to characterize the reservoir's properties and the composition of the crude. This analysis is a critical step that will inform Petrobras's subsequent phase of appraisal work and the development planning for the resource.

Block Ownership and Background

The Sudoeste de Tartaruga Verde block was awarded during Brazil’s 5th Production Sharing Round in 2018. Pré-Sal Petróleo S.A. (PPSA) serves as the contract manager for the block, while Petrobras operates it and holds a 100% interest.

Strategic Significance

This discovery contributes to a series of recent exploration successes across Brazil's offshore basins. It underscores the strong prospectivity of areas beyond the presalt formations and bolsters Petrobras's near- to mid-term resource pipeline.