A Petrobras-led consortium is assessing what to do next with the high-profile Uirapuru pre-salt area offshore Brazil, after the first exploration well drilled in the play failed to yield sufficient volumes for a standalone development.

Brazilian oil giant Petrobras — together with Norway’s Equinor, US supermajor ExxonMobil and Portuguese outfit Galp Energia — in June 2018 acquired for a signature bonus of about $680 million production sharing rights for the Uirapuru block in Brazil’s fourth pre-salt round.

The partners in 2020 drilled the Araucaria Santos wildcat on the block with the Seadrill drillship West Tellus and, while identifying a petroleum system, final results were a bit underwhelming and did not match the robustness of the adjacent Bacalhau field on the same trend.