Brazil's ANP Discloses Three Recent Oil, Gas Finds

Brazil’s National Petroleum Agency disclosed three recent oil and gas finds over the long holiday weekend, with state-run energy giant Petroleo Brasileiro SA (PBR), or Petrobras, holding stakes in all of the discoveries.

The finds were listed on the ANP’s Web site over the weekend, with the report date listed as Thursday.

Petrobras said it found traces of oil and natural gas in the 9URG5DRJS well at the BS-500 offshore block in the Santos Basin. Petrobras holds a 100% stake in the block.

Recent drilling data showed the Petrobras X rig in operation at the block, drilling in 1,357 meters of water and targeting a total depth of about 4,900 meters.
WSJ