Petrobras strikes oil at Tupi South

January 8, 2013

Tupi South discovery may link to Lula field

Petrobras

Petrobras has found good quality oil in the Tupi South (Sul de Tupi) area of the Santos Basin pre-salt, the company announced on 8 January 2013.

Petrobras said the well encountered reservoirs of excellent quality in carbonate rocks below the salt layer. Preliminary tests indicate that Tupi South could be linked to Lula field.

Tupi South is located south of Lula field 302km off the coast of Rio de Janeiro at a water depth of 2,188m. Petrobras plans to drill the well to 5,600m TD. The exploration phase will continue until September 2014, at which time Petrobras can determine the Sul de Tupi's commercial viability.



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