Exciting Hydrocarbon Discovery at Bumerangue Exploration Well Offshore Brazil: BP Unveils Major Update

BP recently drilled an exploration well, called 1-BP-13-SPS, in the Bumerangue block, located in the Santos Basin. This area is about 404 kilometers (218 nautical miles) off the coast of Rio de Janeiro and sits at a depth of 2,372 meters underwater. The well reached a total depth of 5,855 meters.

During drilling, BP found a reservoir approximately 500 meters below the structure’s peak, revealing a hydrocarbon column of around 500 meters. This high-quality pre-salt carbonate reservoir spans over 300 square kilometers.

Initial analysis from the rig shows higher levels of carbon dioxide. BP will conduct further lab tests to understand the reservoir and fluids better. This will help gauge the Bumerangue block’s potential. Additional appraisal activities will follow, pending regulatory approval.

Gordon Birrell, BP’s Executive Vice President for Production and Operations, expressed excitement about this discovery, noting it’s the company’s largest in 25 years. He highlighted that this success is part of a strong year for BP’s exploration team and emphasized the importance of Brazil in BP’s strategy to develop a significant production hub in the country.

BP holds a 100% stake in the Bumerangue block, which it acquired in December 2022 during Brazil’s Open Acreage cycle. This opportunity came with favorable commercial terms, further positioning the company strategically in the region.

This discovery marks BP’s tenth successful find in 2025, including other notable locations in Trinidad, Egypt, Libya, and Namibia. The company aims to boost its global production capacity to 2.3-2.5 million barrels of oil equivalent per day by 2030, with future growth anticipated into 2035.

With the rising global demand for energy and BP’s commitment to increasing production, the company’s activities in Brazil could significantly impact the energy landscape. A similar trend has been observed in the wake of increasing investments in renewable energy, suggesting a pivotal moment in the industry as companies balance traditional oil and gas exploration with sustainable practices.

For further details on BP’s activities and their impacts, you can visit [BP’s official website](https://www.bp.com). This information provides a glimpse into how major companies are navigating the energy transition while still exploring traditional resources.

Source link

bp global news,South America,Press release,Production & operations