Petrobras announces a new discovery in well Cabaça Sudeste-2, drilled to delimit the recent oil discovery made in Block 15/06, off the coast of Angola.

Located about 100 km away from the shore, the well is at a water depth of 470 meters. Initial assessments indicate the existence of high-quality 34 degree API oil at a flow rate of approximately 7,000 barrels per day. The productivity was restricted to the limited capacity of the surface facilities.

The block is operated by Eni (35%), in partnership with Petrobras (5%), Sonangol Pesquisa e Produção (15%), SSI Fifteen Limited (20%), Total (15%), Falcon Oil Holding Angola SA (5%), and Statoil Angola Block 15/06 Award SA (5%).

This is the second discovery made in this block. The first, called Mpungi-1 was also announced this month by means of the drilling of the Mpungi-1 well, situated 120 km off the Angolan coast, in water depths of 1,050 meters, and nestled at a total depth of 2,300 meters. Initial production tests indicated a flow rate greater than 6,000 barrels.