Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block.

Well 4-BRSA-1395-SPS is located 245 km from the city of Santos-SP, at a water depth of 1,759 meters.

The well is currently being drilled, and the hydrocarbon-bearing interval has been detected by means of wireline loggings, gas shows and fluid sampling, which will later be characterized by laboratory analysis. These data will make it possible to assess the potential and direct the next exploratory activities in the area. The consortium will continue the operations to fulfill the well’s drilling project up to the planned final depth and characterize the conditions of the reservoirs found.

Aram block is an important asset for exploring the pre-salt potential, particularly in the Santos Basin.

Aram block was acquired in March 2020, in the 6th bidding round of the National Petroleum, Natural Gas and Biofuels Agency (ANP), under the Production Sharing regime, with Pré-Sal Petróleo S.A. (PPSA) as the manager. Petrobras is the operator of the block and holds an 80% working interest, in consortium with CNPC (20%).

About Petrobras

Petrobras has 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.

Based on this discovery, with a substantial volumetric potential for natural gas, the social/environmental and licensing procedures required to carry the gas to consumer centers will begin.

Petrobras reaffirms its commitment to conducting operations in Colombia, working safely, respecting life, people, and the environment, and acknowledging the importance of talks with the local communities and compliance with the country's legal requirements.