mdn2000
VIP Member
- Banned
- #1
We are finding new oil reserves every year, maybe not the USA but other countries. Brazil is extremely active and in the last couple years they have become Oil independent. Soon if not today they hope to be an exporter of petroleum.
Seems like professor's and scientist's theories are proven wrong, what is theory of Peak Oil in light of recent petroleum discoveries.
OilVoice | Petrobras Announces Discovery of Light Oil to the South of Santos Basin
Seems like professor's and scientist's theories are proven wrong, what is theory of Peak Oil in light of recent petroleum discoveries.
OilVoice | Petrobras Announces Discovery of Light Oil to the South of Santos Basin
Petróleo Brasileiro S.A. - Petrobras announces that it has confirmed the presence of light oil in well 1-BRSA-870-SPS (1-SPS-76), located to the south of Santos Basin, in sandstones reservoirs, similar to those found in the accumulations of Tiro and Sidon. The discovery is located around 15 km of the Tiro and Sidon area.
This discovery confirms the success of the exploratory strategy in the search for the formation of a new production hub in the southeastern part of Santos Basin which may be integrated by a series of already discovered fields, such as Caravela, Cavalo Marinho, Coral and Tiro-Sidon, as well as others to be discovered or in evaluation process, such as that of well 1-BRSA-870-SPS in the Marujá prospect.