Brazilian state-owned and Colombian oil company performed tests in what is considered the largest gas discovery in the South American country
It announced it on Monday (10.mar.2025) the conclusion of productivity tests in the Sirius-2 well, located in the Gua-OFF-0 block, 77 km from the Colombian coast. In a statement, the state -owned company said that the preliminary result of the test “Reinforces the volumetric potential for gas in the region”. This is the statement (PDF – 225 kb).
The Brazilian oil company in December 2024 the discovery of what it classified as the largest gas reserve in Colombia’s history. Petrobras estimates a reservoir of 170 billion cubic gas meters, a volume that could increase the current reserves of the South American country. The expectation is to start the production of natural gas em 2027.
The block is operated by the Petrobras subsidiary (with 44.44% stake), Petrobras International Braspetro, in partnership with Colombian state (55.56%).
The consortium estimates to invest $ 1.2 billion for the exploratory phase and US $ 2.9 billion in the production phase of production in the region.
“Petrobras’ performance in the Gua-OFF-0 block is aligned with the company’s long-term strategy, aiming at the recomposition of oil and gas reserves through the exploitation of new borders and acting in partnership, ensuring compliance with global energy demand during energy transition”.said to Petrobras.
In addition to the confirmation of gas reserves, the consortium has already begun data collection for the installation of a pipeline for the transport of natural gas to the land treatment unit, as well as for the installation of production systems on the sea bottom.
On Friday (7.mar), Petrobras to the market the withdrawal of selling its assets in Colombia. In addition to participation in blocks by Petrobras International Braspetro, the Brazilian state -owned company also operates through Pecoco (Petrobras Colombia Fuel), in the distribution and marketing market of fuels and lubricants, with service stations, lubricant factory and fuel distribution bases in the main markets of the country.
Location of the guer-off-0 block and sirius-1 and sirius-2 wells