Petrobras was drilling with oil shows on the 3-SPS-106 (3-BRSA-1370-SPS) outpost of the Sagitario prospect discovery in the BM-S-050 contract, S-M-623 block during early-January 2020. The operator filed an oil show report for the well with the ANP on 6 January 2020.    The outpost was spudded on 12      September 2019.   The outpost has a proposed      total depth (PTD) of 6,665 m and is targeting the Early Cretaceous Barra      Velha Formation as the primary target.   The ODN Iâ S/S is drilling the      well in a water depth of 1,841 m.   The outpost is located      approximately 3.6 km north of the 1-SPS-098 (1-BRSA-1063-SPS) new-field      wildcat (NFW), Sagitario prospect discovery well.  Petrobras is operator of the      324.91 sq km BM-S-050 contract PAD with a 60% working interest and      partners are Shell with 20% and Repsol Sinopec with 20%.    On 30 May 2018, the ANP granted Petrobras approval for an extension to its discovery evaluation plan (PAD) it filed for the 1-SPS-098 (1-BRSA-1063-SPS) wildcat, Sagitario prospect in the BM-S-050 contract, S-M-623 block.The official PAD name is the PA_1BRSA1063SPS_S-M-623.The final PAD expiry date has been extended from 31 October 2018 to 31 October 2020.Previously in 2015, Petrobras was granted an extension to have time to shoot 3D seismic which was concluded through a multi-client shoot by Polarcus in December 2017.On 24 June 2013, Petrobras suspended as a pre-salt Barra Velha Formation oil discovery the 1-SPS-098 (1-BRSA-1063-SPS) new-field wildcat (NFW), Sagitario prospect. It was drilled to a final total depth (TD) of 7,110 m. The operator filed three oil show reports and announced the well was a discovery in March 2013.   Background Information  On 24 June 2013, Petrobras suspended as an oil discovery the 1-SPS-098 (1-BRSA-1063-SPS) wildcat, Sagitario prospect, drilled to a final total depth of 7,110 m in the S-M-623 block, after filing three oil shows and announcing the well as a discovery during March 2013. Petrobras filed a third and final oil show report with the ANP on 15 May 2013 for the wildcat. A second oil show report was filed with the ANP on 28 March 2013 and with the release of its new business plan in mid-March 2013, Petrobras announced that the well was a discovery from the first oil show report it filed on 22 February 2013. Petrobras temporarily suspended drilling operations in mid-September 2012 after the Sevan Marine âSevan Brasilâ drillship encountered problems with its BOP system. The operator concluded repairs and re-commenced drilling this pre-salt wildcat well on 15 November 2012. Petrobras spudded the Sagitario prospect well on 31 August 2012 in a water depth of 1,871 m. The new field wildcat had a proposed total depth (PTD) of 6,920 m with the Barra Velha Formation as its primary target. It is located near the plugged geotechnical well 1-SPS-098i (1-BRSA-1063i-SPS) in the southwest part of the block and about 37 km southeast of the non-commercial 6-BG-006P-SPS Corcovado oil, gas and condensate field, previously operated by BG in the northwesterly adjoining, but now relinquished BM-S-052 contract, S-M-508 block. The 1-SPS-098 (1-BRSA-1063-SPS) well is also located about 37 km northwest of the 4-SPS-086B (4-BRSA-971B-SPS) new pool wildcat that Petrobras suspended as an oil discovery in the BM-S-008 block.  On 4 December 2013, the ANP granted Petrobras approval for a discovery evaluation plan (PAD) it filed for the 1-SPS-098 (1-BRSA-1063-SPS) wildcat, Sagitario prospect in the Santos Basin, BM-S-050 contract, S-M-623 block. The PAD is now called the PA_1BRSA1063SPS_S-M-623. The PA_1BRSA1063SPS_S-M-623 PAD has the following conditions and stipulations. As a firm commitment the operator is required to conduct one extended cased hole production test, assumed to be of the discovery well. The contingent commitments include acquisition of new multi azimuth 3D seismic covering 500 sq km and the drilling of one appraisal well. The contingent commitments have to be agreed to by 30 June 2014 or the PAD will expire and if the commitments are agreed to and the contingent commitment seismic and exploration well is carried out then the PAD will expire on 31 August 2017. The PAD approval also included a part relinquishment retroactive to the PAD approval date. Petrobras relinquished 373.31 sq km of the northern and eastern areas of the block and retained 324.91 sq km of the southwestern area of the block around the discovery well. The PAD is now called the PA_1BRSA1063SPS_S-M-623 and covers the retained area. The block originally covered 698.22 sq km.Petrobras is operator of the contract with a 60% working interest and partners are BG with 20% and Repsol Sinopec with 20%.  On 20 May 2014, Petrobras issued a press release indicating that it concluded a drillstem test (DST) on the 1-SPS-098 (1-BRSA-1063-SPS) new-field wildcat (NFW), Sagitario prospect oil discovery in the S-M-623 block. The operator reported that it tested 32Â° API oil from a 159 m pre-salt reservoir below 6,144 m with good porosity and permeability. There was no report of actual test volumes of oil and gas. Petrobras moved the âSertaoâ drillship to the NFW location in March 2014 and testing operations lasted through mid-May 2014.
Petroleo Brasileiro SA (Petrobras) - Santos Basin - BM-S-050 contract, S-M-623 block - drilling with oil shows 3-SPS-106 (3-BRSA-1370-SPS)