OREANDA-NEWS. Petrobras have completed the drilling and formation testing of the oil discovery well in the Assignment of Rights area denominated as Florim, in the Santos Basin pre-salt cluster.

Well 1-BRSA-1116-RJS (1-RJS-704), informally known as Florim, is located at a water depth of 2,009 meters, 206 km off the coast of the State of Rio de Janeiro.

The well proved the discovery of good quality oil (29o API) in carbonate reservoirs located below the salt layer, from a depth of 5,342 meters. The well was completed at the depth of 6,004 meters, after reaching the targets set by the Transfer of Rights agreement.

After drilling was completed, a formation test was performed that showed the excellent productivity and quality of the reservoirs, which hold high-quality CO2- and H2S-free oil.

We will continue the activities in the area by drilling, yet in 2013, a further delimitation well there. The Assignment of Rights agreement sets a volume of 467 million barrels of oil for the Florim area, and the exploration phase under the contract is foreseen for September 2014.