Petrobras reported finding oil in the Campos Basin pre-salt off the coast of Rio de Janeiro. It is the second discovery in the region in less than 30 days. The company still needs to conduct studies to determine the recoverable volume.
The Campos Basin was discovered in 1974 and saved Brazil during the 1979 oil crisis, but was sidelined after pre-salt discoveries in the Santos Basin. This is the second oil discovery in the Campos Basin pre-salt in less than 30 days, indicating the region may have untapped potential.
The discovery was made in the Campos Basin pre-salt off the coast of Rio de Janeiro
The well was drilled in waters over 2,000 meters deep
The oil found is of good quality
Petrobras operates the block in partnership with other companies
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (2)
The previous discovery was made on March 26 in the Marlim Sul field
The announcement caused Petrobras shares to rise
Conflicting versions (1)
Name of the block where the discovery was made
No gaps declared — all sources converge on the material facts.