In the prolific Santos Basin

Repsol makes a new discovery in Brazilian waters

Press Release 15/04/2009 20:54
  • The discovery consortium, made up of Petrobrás (the operator) with 45%, BG Group with 30% and Repsol with 25%, confirms signs of hydrocarbons in the Iguazú exploratory well.
  • The Iguazú well is located in the same evaluation area as the Carioca field and is next to the Guará field.
  • First tests indicate high quality light crude.
  • The drilling of a new well will begin shortly in this area.
  • After successive discoveries, exploration in Brazilian waters is confirmed as one of Repsol’s growth vectors.

15 April 2009 - 00:00 CEST | PDF | 177.65 KB