Petrobras Confirms Oil in Sudoeste de Tartaruga Verde Well Off Brazil

Overview

• Drilling of well 4-BRSA-1403D-RJS in the Campos Basin has been completed 108 kilometers off Campos dos Goytacazes at 734 meters of water depth.
• Initial electrical logs, gas indications and fluid sampling confirmed the presence of oil in the post-salt section.
• Collected materials are being analyzed to characterize the reservoir and to estimate potential production from the area.
• Petrobras operates the block with a 100% stake after acquiring it in the 2018 5th Production Sharing Round, with PPSA as contract manager.
• The scale and commercial viability remain under evaluation, and the Campos Basin continues to be a strategic hub for Brazilian output.