News listings

energy-pedia exploration

Brazil flagBrazil

South America / GoM >>> Brazil

Brazil: Petrobras completes drilling with another oil discovery in ultra-deep waters off Amapá


03 Nov 2026

Photo - see caption

Petrobras has identified another oil-bearing interval in the Morpho well, marking the third discovery in block FZA-M-59 , located in ultra-deep waters off the coast of the state of Amapá, in a water depth of 2,886 meters.

The continued evaluation of other intervals of interest, following the findings announced in August and early October 2026, allowed for the confirmation of this new discovery.

'Our technical persistence allowed us to make three discoveries in the same well, which makes us even more optimistic about the exploratory potential of the Equatorial Margin. This is the hallmark of our work: dedication and focus on results. The excellent operational results of the third quarter, released this Wednesday, are another example of the quality of our deliverables,' said Petrobras President Magda Chambriard. 

Drilling and geological data acquisition have been completed. Now, only the finalization of operations at the well (abandonment) will be carried out, and the rig will continue to the Potiguar Basin, off the coast of Rio Grande do Norte, where it will begin drilling at the Mãe de Ouro location.

Petrobras' activity in the FZA-M-59 block is aligned with the company's long-term strategy, aimed at replenishing oil and gas reserves through the exploration of new frontiers , contributing to meeting the country's energy demand. 

Learn more about Petrobras' operations in the Equatorial Margin by clicking here

Original announcement link

Source: Petrobras





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2933

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Telos NRG
OPC
Syntillica
Bayphase
Rose & Assocs
Merlin
Borchwix
energy365
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com