Petrobras has identified the presence of hydrocarbons in an exploratory well being drilled in block FZA-M-59, in deep waters off the coast of Amapá, in the Amazon River mouth sedimentary basin, on the Brazilian equatorial margin. The Morpho well (1-BRSA-1405-APS) is located approx. 175 km off the coast of the state of Amapá, in a water depth of 2,886 meters.
'Our optimism regarding Brazil’s equatorial margin is confirmed today. This first discovery off the coast of Amapá is the result of Petrobras’ dedication and competence, which is committed to replenishing oil reserves and ensuring the country’s energy security,' said Petrobras President Magda Chambriard.
The hydrocarbon-bearing interval was confirmed through electrical and rock indicator logs. Drilling operations remain ongoing, aiming to continue the exploratory assessment in a safe manner, respecting the environment and people.
Petrobras' activity in block FZA-M-59 is aligned with the company's strategy of replenishing oil and gas reserves through exploration in frontier areas, aiming to meet national energy demand during the just energy transition.
Petrobras is the operator of the block and holds a 100% stake in the area. The block was acquired in the 11th Bidding Round of the ANP (National Agency of Petroleum, Natural Gas and Biofuels), in 2013, under the concession regime.
Source: Petrobras
