The well, which is located at 107km off Aracaju, at 5.7km off the discovering well and at a water depth of 2,492m, has been drilled to a total depth of 5,900m and it is under evaluation now.
The discovery has been made in Farfan area, showing new light oil accumulation in a deepest reservoir, with 28m thickness and in good permoporosity conditions.
According to Petrobras´ Business and Management Plan for the 2014-2018 period, this accumulation forms part of the Sergipe-Alagoas Basin deep-water exploration project.
Petrobras will continue with the Discovery Evaluation Plan, as approved by Brazil’s Petroleum, Natural Gas and Biofuels Agency (ANP).
Petrobras operates the BM-SEAL-11 concession with 60% stake. IBV-BRASIL, a 50-50 joint venture between India’s Videocon Industries and Bharat Petroleum, holds the remaining 40% stake in the concession.
Image: Petrobras identifies oil in Farfan area in the Sergipe Basin. Photo: courtesy of Petrobras.
