Petrobras filed the declaration of commerciality to market regulator ANP without providing further details such as the recoverable volumes at the new field, which is to be renamed Arara Azul.
Petrobras made the highly promising Igarape Chibata find in Block SOL-T-171 in 2010, encountering 46 degrees API oil and natural gas.
An extended well test at Igarape Chibata showed the well can produce up to 2500 barrels per day of oil.
A
