Brazil’s state-controlled oil and gas giant Petrobras announced Wednesday a new oil discovery in deep waters in Angola.
The oil was discovered in well Cabaca Norte-1 in block 15/06, which is located about 350 km away from Angola’s capital Luanda, and in which Petrobras holds 5 percent stakes through its subsidiary, Petrobras Internacional Braspetro. The well was drilled at a depth of 500 meters from the water line and reached a total depth of 2,830 meters.
According to Petrobras, the well produced more than 6,500 barrels of oil per day in the production tests.
It was the second discovery announced in the Block 15/06. The first one announced in October 2008 was the nearby well N’Goma-1 which was drilled to a depth of 3,383 meters under the seabed and lies 1,421 meters from the water line. Petrobras has been operating in Angola for 30 years and is one of the main operators in the country. The company owns three exploratory blocks and participates as a non-operator in other three, including Block 15/06.