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Repsol’s fourteenth discovery this year

Repsol makes new discovery in Brazils Santos Basin

Press Release 15/09/2009 17:15
  • Repsol has a 25% stake in the discovering consortium of Abare West in the Santos Basin.
  • Tests are underway to determine the quality and quantity of the discovered resources.
  • The recent tests completed in Guara estimate the potential of that area, adjacent to Carioca, at between 1.1 billion and 2 billion barrels of oil equivalent.
  • The Santos Basin is one of the company’s main growth vectors.
  • Repsol is the international oil company with most exploration acreage in the Santos, Campos and Espirito Santo Basins, participating in 21 blocks of which 11 are operated.

15 September 2009 - 00:00 CEST | PDF | 89.10 KB