Petrobras confirms new well in Sergipe-Alagoas basin

September 25, 2014

Petrobras confirms new well in Sergipe-Alagoas basin

RIO DE JANEIRO -- Petrobras has identified the presence of gas while drilling extension well 3-BRSA-1022-SES (3-SES-181). The well is located in the discovery evaluation plan area of Poço Verde in concession BM-SEAL-4 in the ultra-deep waters of the Sergipe-Alagoas basin.

The well, informally known as Poço Verde 1, is situated 58 km off the coast of Aracaju, at a water depth of 2,196 m.

Reservoirs containing good porosity characteristics were detected, confirming project expectations.

The Poço Verde accumulation is part of the Sergipe-Alagoas basin deepwater development program.

Petrobras, BM-SEAL-4 operator with a 75% stake, in partnership with India-based ONGC, holder of the remaining 25%, will proceed with the activities outlined for the area.

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