New Oil Discovery Validates Potential of Buzios Field

Monday, February 17, 2025

Petrobras has made an oil discovery at the Búzios field, reaffirming the pre-salt potential of the field located in the Santos Basin, offshore Brazil.

Petrobras confirmed the presence of oil with the drilling of well 9-BUZ-99D-RJS, located in the western region of the Búzios field.

This is a new accumulation in a zone below the main reservoir, the company said.

The well is located 189 kilometers off the coast of Rio de Janeiro and was drilled at a water depth of 1,940 meters.

Tests conducted from a depth of 5,600 meters confirmed the presence of oil reservoirs through electrical profiles, which will later be characterized through laboratory analyses.

The Búzios Shared Reservoir Consortium, comprised of Petrobras as the operator (88.98% stake), in partnership with CNOOC (7.34%) and CNPC (3.67%), with Pré-Sal Petróleo S.A. (PPSA) as the manager, will continue analyzing the results to proceed with activities in the area.

Categories: Drilling Industry News Activity South America Oil and Gas

Related Stories

Shell Starts Multi-Well Drilling Campaign off Egypt with Stena Drillship

ExxonMobil Reviews Gas Mix at Guyana’s Stabroek Block Amid Expansion Plans

Tullow Acquires Ghana’s TEN FPSO, Secures Long-Term License Extension

Current News

Ndungu Full-Field Starts Up Offshore Angola

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

AKOFS Offshore Inks New Vessel Deal with Petrobras

UK Trade Body Challenges Government View on North Sea Gas Decline

Subscribe for OE Digital E‑News