Petrobras starts drilling

Petrobras started drilling the second extension well in block SM-623 where the Sagitário prospect is located, in the Santos Basin. The well received the technical name 3-BRSA-1388D-SPS and is located in a water depth of 1,867 meters.
Petrobras announced, in January 2020 the discovery of signs of oil in the block through the extension well 3-BRSA-1370-SPS. However, the Brazilian oil company said that the initial results of the exploratory campaign were below expectations. Therefore, the state-owned company requested more time for exploratory and evaluation activities in the Sagitário area