The consortium responsible for the Libra oilfield in the Santos Basin pre-salt has completed the drilling of well 3-BRSA-1310-RJS, located in the central area of the block. The new well has revealed the presence of hydrocarbons in a low-porosity reservoir, providing important information for the ongoing appraisal campaign over this extensive area. It is the fourth well drilled in the Libra field.

The consortium is also drilling at two other locations. The 3-RJS-739A well in the northwest region of the block has already detected carbonate reservoirs containing oil, and coring operations (reservoir sample collection) are under way. In addition, drilling has just commenced on well 3-RJS-741 in the North.

The Libra block was acquired in October 2013 and is in the exploratory phase. The consortium has already contracted an FPSO (Floating Production, Storage and Offloading vessel) for conducting extended well tests. This vessel has a capacity of 50 kbbl/d oil and 4 million m3/d gas. Additionally, another FPSO for the Libra Pilot Project, with capacity of 180 kbbl/d oil and 12 million m3/d gas, is in the bidding phase.

The Libra Consortium is made up of Petrobras (Operator, with 40%), Shell (20%), Total (20%), CNPC (10%), CNOOC (10%) and PPSA (contract manager).

About Petrobras

We have upwards of 100 production platforms, 16 refineries, 30,000 kilometers of pipelines and more than 6,000 service stations. Our proved reserves are around 14 billion barrels of oil, a figure expected to double in the next few years. With the discovery of oil and gas in the pre-salt region, Brazil may become the world's fourth biggest oil producer in 2030.

We have built a track record of overcoming challenges since 1953, when the company was created. The main one was developing technology to explore and produce oil in deep and ultra-deep waters, where upwards of 90% of our reserves are nestled. With innovation and daringness, we are now the Brazilian company that makes the applies for the most patents in Brazil and abroad.