Petrobras Begins Drilling Pioneer Well in Alto de Cabo Frio Central, Santos Basin

(PN) New advances in Petrobras’ exploratory program in the pre-salt layer. This week, the company began drilling the wildcat well in the Alto de Cabo Frio Central block, in the Santos Basin. The activity took place in a water depth of 1,831 meters, in well 1-BRSA-1383-RJS, within the Barra Velha formation.

The Alto de Cabo Frio Central block was purchased in 2017 during the 3rd Sharing Round. Petrobras is the operator of the area with a 30% stake, in a consortium with QPI Brasil (20%), CNOOC (20%) and Shell (30%). The signing bonus for Alto de Cabo Frio Central was R$500 million. The block has an area of ​​3,674.37 km².

Petrobras has made important advances in its exploratory program. The company announced that it has concluded the drilling of the pioneer oil exploration well in the ES-M-669 block, in the pre-salt layer of the Espírito Santo Basin. Named Monai, the project broke the record for the deepest well ever drilled in Brazil, at around 7,700 meters.