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Petrobras announces third oil discovery at block FZA-M-59 in ultra-deep waters off Amapá coast

Petrobras has identified another oil-bearing interval in the Morpho well at block FZA-M-59, marking the third discovery in the block located in ultra-deep waters off the coast of Amapá at a water depth of 2,886 meters. Drilling and geological data acquisition have been completed, with well abandonment remaining before the rig moves to the Potigar Basin off Rio Grande do Norte.

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Key takeaways

  • Exploration: Third oil discovery confirmed at block FZA-M-259 in ultra-deep waters off Amapá coast.

  • Drilling: Morpho well reached water depth of 2,886 meters with oil-bearing interval identified.

  • Completion status: Drilling and geological data acquisition finished; well abandonment is the final step.

  • Next steps: Rig will proceed to Potigar Basin to drill at the Mãe de Ouro location.

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