Petrobras has discovered oil at the Pitu North 1 extension well in the Potiguar Basin offshore Brazil. Situated 37 miles off the coast of Rio Grande do Norte state in 6,050 ft of water, the well was drilled to a final depth of 13,780 ft and is the first extension of a 2013 discovery in the Pitu area. Profile analyses and fluid samples were used to prove the latest discovery, which will now undergo laboratory analysis. Petrobras, the operator, holds a 40% interest in the concession (BM-POT-17). BP (40%) and Petrogal (20%) hold the remaining interest.
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.