This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Repsol makes Brazil discovery

04 July 2011

A consortium led by Spanish firm Repsol has made its most significant pre-salt discovery of the Campos Basin offshore Brazil. The 1-REPF-11A-RJS well, also known as Gavea, was drilled at a final depth of 22,477 feet in a water depth of 8,884 feet using the Stena DrillMAX drillship.

The consortium, which includes Norway’s Statoil and Brazil’s Petrobras, is currently analysing the results of the well before continuing with exploration and evaluation work in the area.

Repsol operates the find, holding a 35 per cent stake; Statoil holds 35 per cent; and Petrobras holds 30 per cent.

Repsol Sinopec is the largest foreign owner of exploration rights in the Santos, Campos and Espírito Santo basins, participating in 16 blocks of which it operates 6.

Print this page | E-mail this page