Petrobras makes oil discovery in CM-411 block with Urissanê well

Petrobras has discovered the presence of hydrocarbons in the CM-411 block in the Campos Basin pre-salt, offshore Brazil, through the drilling of the Urissanê well (1-BRSA-1377-RJS well).

The Urissanê well, which is contained in a water depth of 2,950 meters, found oil in reservoirs in the pre-salt section.

Petrobras said that it will analyze the well data to better target exploratory activities in the area and evaluate the potential of the oil discovery in the CM-411 block, located nearly 200km from the coast of Rio de Janeiro state.

See also  Aegis Logistics, Vopak to create Indian JV for LPG and chemical terminals

The Brazilian national oil company acquired the CM-411 block in September 2017 during the 14th Bidding Round of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), under a concession regime, along with the CM-210, CM-277, CM -344, CM-346, and CM-413 blocks.

Petrobras is the operator of the CM-411 block with a 50% stake. It is partnered by ExxonMobil Exploração Brasil, which holds the remaining stake of 50%.

Petrobras makes oil discovery in CM-411 block with Urissanê well

Petrobras makes oil discovery in CM-411 block with Urissanê well. Image courtesy of PETROBRAS AGENCY.