Economy

Petrobras drills oil well in Brazil's deepest waters

The well is located off the coast of Sergipe state, 2,988m into the

Vitor Abdala reports from Agência Brasil

Published on 29/04/2015 - 15:46

Brasília

Petrobras released a note Wednesday (Apr 29) announcing the conclusion of an oil well at the largest depth of water on the Brazilian coast— 2,988m. The project's total depth, including both the water and the soil, totals 6,060m.

According to the state-controlled firm, the well is located 94km from the Aracaju, state capital of Sergipe, in the country's northeast. The oil giant holds 100% interest on this exploration block, and test results have confirmed the presence of light oil, which has a higher market value.

Translated by Fabrício Ferreira

Fonte: Petrobras drills oil well in Brazil's deepest waters

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