Repsol Sinopec has made a new oil discovery in the 1-REPF-11A-RJS (Gavea) well in the Campos Basin, offshore Brazil.
The Repsol-operated well is located 190km off the coast of Rio de Janeiro.
Gavea was drilled using the Stena Drillmax I drillship at a depth 2,708m, reaching a water depth of 6,851m.
The exploration consortium is owned by Repsol Sinopec and Statoil, which each hold a 35% interest, and Petrobras which has a 30% stake.
The consortium is analysing the results of the well before continuing with exploration and evaluation work in the area.
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