Petrobras Confirms New Post‑Salt Oil Discovery in Campos Basin’s Tartaruga Verde Southwest

Overview

• Exploratory well 4-BRSA-1403D-RJS, 108 kilometers off Campos dos Goytacazes at 734 meters water depth, showed oil based on electrical logs, gas indications and fluid sampling.
• Petrobras operates the Sudoeste do Campo de Tartaruga Verde block with 100% participation under a production-sharing contract managed by PPSA, acquired in the 2018 5th Round.
• The company’s initial assessments indicate the oil may be of excellent quality, with confirmation pending laboratory results.
• This marks Petrobras’ second discovery in the Campos Basin this year, complementing additional 2025 finds in the Santos Basin, according to industry reporting.
• Analysts say the find underpins continued investment and future royalties, as Petrobras targets roughly US$23 billion for Campos Basin projects through 2029.