Petrobras Confirms Reserves at Moita Bonita

Brazilian oil and gas giant Petrobras has confirmed the extension of gas and oil accumulation in the Moita Bonita area, in deep waters in the Sergipe Basin offshore Brazil.

A press release from the Petrobras said: "We have completed the drilling of the well 3-SES-192 (Petrobras nomenclature) / 3-BRSA-1367-SES (ANP nomenclature)l in the area known as Moita Bonita, located in the BM-SEAL-4 concession, 80 km from the city of Aracaju, at a water depth of 2,629 meters."

The results of the drilling of the well 3-SES-192 confirmed the extension of the gas accumulation discovered, with a total thickness of 39 meters, in a reservoir located at a depth of 5,227 meters.

This well also showed an oil discovery in a deeper reservoir, with a total thickness of 24 meters. This is the fifth extension well in the Moita Bonita area, whose discovery was reported in August 2012.

Petrobras is the consortium operator (75%), in partnership with ONGC (25%), and will continue the operational activities to evaluate the well, including conducting a formation test.

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