Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Petrobras confirms Sagitario find

    Petrobras confirms Sagitario find

    May 21, 2014
    Share
    Facebook Twitter LinkedIn WhatsApp

    Petrobras rig21 May 2014 – Brazil’s state-run Petrobras has confirmed the Sagitario discovery it made earlier this year in the ultra-deep waters of the pre-salt Santos basin.

    Petrobras said results from a formation test carried out on the Sagitario well, formally known as 1-SPS-98, had confirmed the discovery and revealed carbonate reservoirs with good permeability.

    The Sagitario well was drilled in February 2013 and hit good quality oil graded at 31 degrees API in Sagitario just below the thick salt cap at a depth of more than 6150 metres.

    The well was drilled on Block BM-S-50, which lies roughly 194 kilometres off the Sao Paulo coast in a water depth of 1871 metres.

    Petrobras operates the block with a 60% stake and is partnered by BG Group and Repsol Sinopec Brasil which each hold a 20% interest .
    *Josh Lewis-Upstreamonline

    Related News

    Angola’s Block 17 partners sign license extension

    Tinubu pardons Ken Saro-Wiwa, confers national honours on Ogoni Nine

    NCDMB Executive Secretary becomes member of APPO Board

    E-book
    Resilience Exhibition

    Latest News

    “We want reparations”, oil-affected Niger Delta victims demand action

    June 13, 2025

    Transocean Coatings establishes affiliate at SIIFZ

    June 13, 2025

    LASG approves seven dedicated truck parks for Lekki Port axis

    June 13, 2025

    NCDMB Executive Secretary joins AEW 2025 amid focus on enhancing local capacity

    June 13, 2025

    AfDB to provide $184.1m for Africa’s largest solar energy and battery storage project

    June 13, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.