Petrobras has hit gas and condensate with three wells onshore Peru, with a further well still ongoing.

The Brazilian major said that the Urubamba, Picha, and Taini wells in Lot 58 in the Madre de Dios Basin contain natural gas and condensate totalling 56.6 Bcm of recoverable natural gas and 113.7 MMbbl of recoverable condensate. The Paratori well being drilled in the same lot is expected to be completed in December, it added, along with other exploratory studies on the southern area that could reveal additional volumes.

A 3D seismic survey conducted to support the Delimitation and Development Plans for the area has also been completed and is being analysed.

Petrobras Energia Peru S.A., a wholly-owned subsidiary of Petrobras, is the operator with a 100% stake.