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08/04/2025

BP Announces Hydrocarbon Discovery at Brazil's Bumerangue Exploration Well

This is the oil giant's biggest discovery in 25 years

British Petroleum (BP) drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometers (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 meters. The well was drilled to a total depth of 5,855 meters.

The well intersected the reservoir about 500 meters below the crest of the structure and penetrated an estimated 500-meter gross hydrocarbon column in high-quality pre-salt carbonate reservoir with an areal extent of greater than 300-square kilometers.

Results from the rig-site analysis indicate elevated levels of carbon dioxide. BP will now begin laboratory analysis to further characterize the reservoir and fluids discovered, which will provide additional insight into the potential of the Bumerangue block. Further appraisal activities are planned to be undertaken, subject to regulatory approval.

Please select this link to read the complete press release from LinkedIn.

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