The well encountered a hydrocarbon column of 175 metres in a good-quality reservoir of silicified carbonates of the Macabu formation.

The well reached a total depth (TD) of 6,230 metres and was successfully tested producing around 16 million standard cubic feet (scf) of gas and 4,000 barrels per day of oil (32/64” choke).

This is the fourth appraisal well in the licence, which comprises the Seat, Gavea and Pão de Açucar (PdA) discoveries. In 2013-2015 the consortium drilled and tested the Seat-2, PdA-A1 and PdA-A2 appraisal wells.

With Gavea A1 the consortium has finalised the appraisal activities in BM-C-33 and will now evaluate the sub-surface data and assess lean and cost-effective development concepts.

Repsol Sinopec Brasil (35%) is operator of BM-C-33 with Statoil (35%) and Petrobras (30%) as partners.

As announced in December 2015, Statoil will take over operatorship of the licence. This is expected to happen in the third quarter of 2016, subject to the approval from Brazilian authorities (ANP).