The company found two accumulations of hydrocarbons with a total thickness of 1,640ft.
The well located a depth of 9,186ft, indicated high quality oil resources in the first appraisals.
Production tests in a partial section of the pay zone at 200m showed a flow of 5,000 barrels of oil/day of light oil and 28.5 million standard cubic feet/day of gas in a choked drill stem test.
Repsol Sinopec Brasil is the operator and holds 35% stake in the discovering consortium which also includes Statoil and Petrobras holding equity interest of 35% and 30% respectively.
The Pão de Açúcar well is the third discovery in BM-C-33 block after Seat and Gávea.
Repsol Sinopec Brasil is held by Repsol with a 60% stake and Sinopec holding the remaining 40%.
