Petrobras Discovers Oil in Sergipe Basin Farfan

Petrobras announced results of drilling well 9-SES-188D (Petrobras nomenclature) / 9-BRSA-1280D-SES (ANP nomenclature), located at concession area BM-SEAL-11, in block SEAL-M-426, in Sergipe Basin ultra-deep waters.

The results confirm the light oil and gas discovery in Farfan area (between 37º and 40º API), as announced to the market on August 9th, 2013. The results presented excellent permoporosity conditions in the turbidities reservoirs with 54 meters thickness.

This drilling also presented a new light oil accumulation in a deepest reservoir, with 28 meters thickness and in good permoporosity conditions. Located at 107 km off Aracaju, at 5.7 km off the discovering well and at a water depth of 2,492 meters, the well reached a final depth of 5,900 meters and it is under evaluation now.

This accumulation is part of the Sergipe-Alagoas Basin deep-water exploration project, according to Petrobras´ Business and Management Plan for the 2014-2018 period.

Petrobras will continue with the Discovery Evaluation Plan, as approved by Brazil’s Petroleum, Natural Gas and Biofuels Agency (ANP).