Petrobras was drilling with oil shows on the 3-SES-194 (3-BRSA-1371-SES) outpost in the BM-SEAL-010 contract, SEAL-M-424 block during late-December 2019.    Petrobras      filed an oil show report for the well with the ANP on 16 December 2019.  The outpost      was spudded on 6 November 2019.  The well has      a proposed total depth (PTD) of 5,546 m.   The Late      Cretaceous to Tertiary Calumbi Formation is the main objective.   Petrobras      is utilizing the âPetrobras 10000â D/S to drill the well in a water depth      of 2,696 m.   The NPW is      located in the southern area of the block approximately 2.9 km north      north-west of the 3-BRSA-1244-SES outpost well for the Moita Bonita      prospect.    Petrobras holds 100% working interest in the contract BM-SEAL-010 contract, SEAL-M-347, SEAL-M-424 blocks. The SEAL-M-424 block is one of three blocks that is part of the Moita Bonita discovery evaluation area.  In March 2019, the ANP reported that Petrobras made a partial relinquishment of the BM-SEAL-010 contract, SEAL-M-347, SEAL-M-424 blocks retroactive to 28 August 2018. Previously the BM-SEAL-010 contract covered 1,259.38 sq km with the SEAL-M-347 block having 755.87 sq km and the SEAL-M-424 block having 503.51 sq km. Petrobras relinquished 464.32 sq km of the western area of the SEAL-M-347 block leaving a valid exploration area of 291.55 sq km. A total of 131.88 sq km of the north-eastern block area was relinquished from the SEAL-M-424 block leaving a valid exploration area of 371.63 sq km. The total valid BM-SEAL-010 contract area is now 663.18 sq km.
Petrobras - Sergipe-Alagoas Basin - BM-SEAL-010 contract, SEAL-M-424 block - drilling with oil shows 3-SES-194 (3-BRSA-1371-SES)