Tag Archives: oil discovery
Petrobrás announces new oil discovery(yet another one!)
Petrobras announced the discovery of oil of good quality in the third well drilled in the area of Cessão Onerosa(Transfer of Rights, Oil-For-Stock Swap), located in an area called South of Guara, in the Santos(SP) pre-salt Basin. According to the contract, Petrobras has the rights to produce up to 319 million barrels of oil equivalent [...]
