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The third discovery in Brazil in 2009

Repsol makes a new hydrocarbons discovery in the Santos Basin

Press Release 11/05/2009 16:30
  • Preliminary tests showed gas flows of 378,600 cubic metres/day and 1,570 bpd of condensate.
  • Repsol is the operator of the exploration consortium with a 40% stake.
  • The flows confirm the gas potential of the Santos Basin.
  • Panoramix adds to the Piracuca and Iguazu discoveries made earlier this year in Brazil.
  • The potential uncovered in Brazilian waters has made the area one of the company’s main growth vectors.
  • Repsol had reported to Brazilian authorities that traces of hydrocarbons were found in the Panoramix well on January 15th.

11 May 2009 - 00:00 CEST | PDF | 1.12 MB