05/24  Closing Prices / revised 05/24/2024 21:59 GMT 05/23    OPEC Basket  $82.41  -$0.86 cents     | 05/24    Mexico Basket (MME) $73.35  +$0.89 cents   | 04/30 Venezuela Basket (Merey)   $74.91   +$3.93 cents | 05/24   NYMEX WTI Texas Intermediate June CLM24   $77.72   +$0.85 cents  | 05/24    ICE Brent July  BRNN24     $82.1     +$0.76 cents    | 05/24    NYMEX Gasoline June RBM24     $2.48  +0.6%    |  05/24   NYMEX  Heating Oil June  HOM 24     $2.41   +0.1% | 05/24     Natural Gas June NGM24  $2.52     -5.2%   | 05/24    Active U.S. Rig Count (Oil & Gas)    600  -4  | 05/24   USD/MXN Mexican Peso  16.6948  (data live)  | 05/24   EUR/USD    1.0847 (data live)  | 05/27   US/Bs. (Bolivar)   $36.51290000 ( data BCV)  

Petrobras finds hydrocarbons in ultra-deep waters of Potiguar basin

Petróleo Brasileiro SA identified hydrocarbons in the deepwater Pitu Oeste exploratory well in block BM-POT-17 in the deepwater Potiguar basin, 52 km off the coast of the state of Rio Grande do Norte, Brazil.
Petróleo Brasileiro SA identified hydrocarbons in the deepwater Pitu Oeste exploratory well in block BM-POT-17 in the deepwater Potiguar basin, 52 km off the coast of the state of Rio Grande do Norte, Brazil.

Reporting by Steven Grattan and Fabio Teixeira, Reuters

SAO PAULO
EnergiesNet.com 04 09 2024

Brazil’s state-run oil company Petrobras said on Tuesday it has discovered oil deposits in the ultra-deep waters of the Potiguar basin, in the Equatorial Margin.

This is the second well in Potiguar where the firm has found hydrocarbons. Both finds are still subject to further studies, Petrobras said.

Potiguar is located in the so-called Equatorial Margin, an extensive area in northern Brazil that is seen as the most promising frontier for oil and gas exploration for Petrobras.

The discovery was made near the border between the northeastern states of Ceara and Rio Grande do Norte, at a depth of 2,196 meters, the company said.

Petrobras plans to drill 16 wells in the Equatorial Margin in five years, but Brazilian environmental regulator Ibama, whose workers are striking, has been slow to issue new permits, delaying exploration projects.

Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here.

Reporting by Steven Grattan and Fabio Teixeira; Editing by Anthony Esposito

reuters.com 04 09 2024

Share this news

Support EnergiesNet.com

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas, Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2021, EnergiesNet.com™  / Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the material.

 
 
Scroll to Top