Petrobras announces new hydrocarbon discovery in pre-salt Campos Basin waters

Magda Chambriard President
Magda Chambriard President
0Comments

Petrobras announced on Apr. 13 the discovery of hydrocarbons in the pre-salt layer of the Campos Basin, following exploratory drilling in sector SC-AP4, block C-M-477. The well, named 1-BRSA-1404DC-RJS, is located 201 kilometers off the coast of Rio de Janeiro state at a water depth of 2,984 meters.

The company said that electrical profiles, gas indications, and fluid sampling confirmed the presence of hydrocarbons. The collected samples will undergo laboratory analysis to determine reservoir and fluid characteristics and support further evaluation of the area’s potential. Petrobras also said that drilling was completed safely and with respect for both people and the environment.

According to Petrobras, operations in block C-M-477 are part of its strategy to rebuild oil and gas reserves by exploring frontier areas together with other companies. This approach aims to ensure national energy supply during Brazil’s ongoing energy transition.

Petrobras operates block C-M-477 with a 70 percent stake alongside bp, which holds a 30 percent interest. The block was awarded during Brazil’s 16th National Petroleum Agency Bidding Round under a concession regime.

Further studies are expected as laboratory analyses progress to better understand the area’s resources.



Related

Máximo Pacheco, Chairman of the Board

Codelco chairman outlines company’s progress and diversification into lithium

Codelco chairman Máximo Pacheco told lawmakers on May 6 about advances in project completion and strategic expansion into lithium mining. He discussed how these changes position the state-owned firm for long-term growth despite ongoing financial challenges.

Alejandro González Dale CEO, General Manager of Falabella

Grupo Falabella net income rises 22% in Q1 2026, reaching US$253 million

Grupo Falabella announced that its net income rose by twenty-two percent in the first quarter of this year compared to last year’s figures. The company highlighted gains across retail formats as well as continued growth in digital banking services.

Ben Cooke, President at Marathon Sports Inc.

Mount to Coast releases C1 super trainer for daily and uptempo running

Mount to Coast has launched its new C1 super trainer aimed at runners needing both cushioning and responsiveness. Reviewers found it durable with customizable fit but noted it’s heavier than some competitors.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Latin Business Daily.