Action Continues at the Santos Basin Deepwater Pre-Salt
Claudio Paschoa
June 21, 2013
Even as Petrobras allegedly slows its exploration efforts, new discoveries are still being uncorked in the Santos Basin. While the national player announced the start up of the EWT in the Guará area in late December, yesterday a new deepwater pre-salt light oil accumulation is discovered in an adjacent area at the same BM-S-9 exploratory block. The Guara EWT is producing through well SPS-55, and is expected to last for five months with a daily production is estimated at 14,000 barrels of oil per day. The Guará area is located in block BM-S-9 and around 300 kilometers off the coast of São Paulo state. The recoverable O&G volumes in Guará are estimated at between 1.1 and 2 billion boe with a around 30º API.