Brazil announces the discovery of oil and gas fields in the deep waters of the United States Gulf of Mexico

Petrobras announced on the 26th that a multinational oil company led by Shell, an oil company in the United Kingdom and the Netherlands, has discovered a gas field in the deep waters of the Gulf of Mexico.
According to the communique, Shell Petroleum Corporation, Brazil's National Petroleum Corporation's Houston subsidiary, the United States Marathon Oil Company and Italy's Eni Oil Company jointly participated in the oil and gas exploration activities in the United States Gulf of Mexico. The proportions of the capital contributions of the four companies are respectively 35%, 25%, 25% and 15%.
The communique said that the new oil and gas field was discovered when the STONE3 well was surveyed to determine the reserves and development potential of the well. The depth of the STONE3 oil well is 2,286 meters, while the new oil and gas field is located in deep waters with a water depth of 8,960 meters. The communique did not disclose the specific number of oil and gas reserves.
Petrobras has advanced technology and extensive experience in the exploration and exploitation of oil in deepwater. At present, the company operates in CASCADE and CHUNOOK oil wells in the US Gulf of Mexico and has signed an agreement with Cuba for oil and gas development activities in the Cuban exclusive economic zone in the Gulf of Mexico.

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