The results of drilling well 9-SES-188D/9-BRSA-1280D-SES confirm the light oil and gas discovery in Farfan area (between 37ºAPI and 40ºAPI), as announced to the market on Aug. 9, 2013, Petrobras said in a press release. The results presented excellent permoporosity conditions in the turbidities reservoirs with 54-m (177-ft) thickness.

The well is located at concession area BM-SEAL-11, in block SEAL-M-426, in Sergipe Basin ultradeep waters.

This drilling also presented a new light oil accumulation in a deepest reservoir, with 28-m (92-ft) thickness and in good permoporosity conditions.

Located at 107 km (67 miles) off Aracaju, at 5.7 km (3.5 miles) off the discovering well and at a water depth of 2,492 m (8,176 ft), the well reached a final depth of 5,900 m (19,357 ft), and it is under evaluation now.

This accumulation is part of the Sergipe-Alagoas Basin deepwater exploration project, according to Petrobras´ Business and Management Plan for the 2014-18 period.

Petrobras will continue with the discovery evaluation plan, as approved by Brazil’s Petroleum, Natural Gas and Biofuels Agency.

Petrobras is the operator of the consortium (60%) in partnership with IBV-BRASIL (40%).