Brazil: Petrobras Makes Hydrocarbon Find in Santos Basin's Aram Block
Brazilian oil company Petrobras said Wednesday it had discovered hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block…
Stay updated with breaking news from Production Sharing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Brazilian oil company Petrobras said Wednesday it had discovered hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block…
Petrobras has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block. The discovery augments the possibilities of expanding the accumulation discovered by the wildcat well 1-BRSA-1381-SPS in the block.
The well is in progress and the oil-bearing interval was verified through wireline logging and fluid samples, which will be further characterized through laboratory analyses.
Shares in Woodside and Santos jumped in early trading, as analysts calculate the hit from planned taxation changes is not nearly as harsh as feared.
The PPP/C also has its own playbook. When it cannot deal with the criticisms and exposure of its misrule and misdeeds, it resorts to labeling its critics.