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Pipeline Pulse > Oil > Petrobras, BP Make New Discovery in Campos Basin
Oil

Petrobras, BP Make New Discovery in Campos Basin

Editorial Team
Last updated: 2026/04/15 at 2:46 PM
Editorial Team 2 days ago
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Petrobras, BP Make New Discovery in Campos Basin
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Petróleo Brasileiro SA (Petrobras) has declared a brand new hydrocarbon discovery within the Campos Basin offshore Brazil below a license co-owned with BP PLC.

Nicely 1-BRSA-1404DC-RJS was drilled in Sector SC-AP4 in Campos’ pre-salt layer. The invention effectively sits 201 kilometers (124.9 miles) off the coast of Rio de Janeiro state in waters 2,984 meters (9790.03 toes) deep, state-controlled Petrobras stated in an internet assertion.

The invention is a part of block C-M-477, which Petrobras operates with a 70 p.c stake. Britian’s BP owns 30 p.c.

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“The hydrocarbon-bearing interval was recognized by electrical logs, gasoline reveals and fluid sampling”, Petrobras stated. “The samples will subsequently be despatched for laboratory evaluation, which can permit the characterization of the reservoir situations and the fluids discovered, enabling the continuation of the analysis of the world’s potential”.

“Petrobras’ operations in block C-M-477, within the Campos Basin, are aligned with the corporate’s technique to replenish oil and gasoline reserves by actions in frontier exploratory areas, in partnership with different corporations, guaranteeing the availability of nationwide power demand throughout the power transition”, Petrobras added.

Petrobras has introduced not less than two discoveries within the Campos Basin this yr. An earlier success was made within the Marlim Sul subject, 100% owned by Petrobras.

The Marlim Sul discovery, effectively 3-BRSA-1397-RJS, is 113 kilometers from shore within the municipality of Campos dos Goytacazes. The water depth is 1,178 meters, Petrobras stated in a press launch March 26, with out offering any estimate for the invention.


Commercial – Scroll to proceed

Hydrocarbons had already been confirmed in Marlim Sul in 1987 by effectively 4-RJS-382, Petrobras stated.

As of yearend 2025 Petrobras had 12.1 billion barrels of oil equal (Bboe) in confirmed reserves, with oil and condensate accounting for 84 p.c, the corporate reported January 28, 2026. Final yr added 1.7 Bboe, Petrobras stated.

“The reserve alternative price was 175 p.c, even after a report annual manufacturing in 2025. The proved reserves-to-production ratio is 12.5 years”, Petrobras stated.

“The reserves addition occurred primarily as a result of excellent efficiency of the property, with emphasis on Búzios, Tupi, Itapu and Mero fields in Santos Basin, to the progress within the growth of Budião, Budião Noroeste and Budião Sudeste fields within the deep waters of Sergipe-Alagoas Basin, and to new wells primarily in Búzios, Tupi, Marlim Sul and Jubarte fields in Santos and Campos basins”.

“Contemplating the anticipated manufacturing for the approaching years, it’s important to proceed investing in maximizing the restoration issue of already found property, exploring new frontiers and diversifying the exploratory portfolio in Brazil and overseas to switch oil and gasoline reserves”, it added.

To contact the writer, e mail jov.onsat@rigzone.com


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Editorial Team April 15, 2026
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