Petrobras makes discovery in Amazon’s Solimões Basin

Petrobras has discovered a new oil and natural gas accumulation in the Solimões Basin in the state of Amazonas. The discovery took place during drilling of the well unofficially known as Igarapé Chibata Leste. Located in Coari, the well was drilled to a final depth of 3,295 meters.

Tests have indicated a production capacity of 1,400 bbls/day of quality oil (41º API) and 45,000 cu meters of natural gas in the Juruá Formation. This is the second successful exploration in Block SOL-T-171, where the discovery evaluation plan of the well unofficially known as Igarapé Chibata has been under way since 2010.

If the economic viability of the findings is confirmed, there will be a new oil and natural gas production cluster in the basin.

Petrobras holds 100% of the exploration and production rights in the concession. The company’s current production in the state of Amazonas is 53,000 bbls/day of oil and 11 million cu meters/day of natural gas, in addition to 1,300 tons/day of liquefied petroleum gas.