Petrobras confirmed through their Investor Relations a new discovery on Alto de Cabo Frio Central, south Santos basin, at a water depth of 1,833 meters. Wildcat 1-BRSA-1383A-RJS was drilled in January, and according to the company, drilling activities are yet to be concluded to help further evaluate reservoir characteristics. The company recently concluded their drilling on Três Marias (1-BRSA-1382D-RJS, with HC shows) and is also currently drilling another wildcat on Dois Irmãos.
Alto de Cabo Frio Central was acquired on the 3rd Production Sharing Bid Round (2017) by a Petrobras–bp 50/50 consortium. Besides the BRL 500 million bonus, they also offered a 75.8% oil surplus.