bp announced a major hydrocarbon discovery in the Santos Basin, Brazil, marking its largest discovery in 25 years.
The company drilled 404 kilometers from Rio de Janeiro to a water depth of 2,372 meters and total depth of 5,855 meters. The well intersected the reservoir approximately 500 meters below the crest of the structure. It penetrated an estimated 500 meter (gross) hydrocarbon column in high-quality pre-salt carbonate reservoir.
The company already claimed a number of oil and gas exploration discoveries—from Beryl and Frangipani in Trinidad, Fayoum 5, and El King in Egypt, to the far south in the Gulf of America, Hasheem in Libya and Alto de Cabo Frio Central in Brazil.
The discovery further supports bp’s plans to grow its global upstream production to 2.3-2.5 million barrels of oil equivalent a day in 2030 with the capacity to increase production out to 2035.
Courtesy of bp.