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Brazil's Sergipe block has high-quality crude - Petrobras

Reuters  |  SAO PAULO 

SAO PAULO (Reuters) - The oil field off Brazil's northeast coast by Petróleo Brasileiro SA and partner India's Bharat Petroleum Corp is excellent and contains high-quality crude, Brazil's state-controlled oil company said on Thursday.Petrobras, as the company is known, and a unit of its joint venture partner concluded a drilling test in the 3-BRSA-1178D-SES (3-SES-176D) well, known as Farfan 1, to evaluate the well's productivity, a securities filing said. The area is located about 100 kilometers (62.5 miles) north of Aracajú, the capital of the Brazilian northeastern state of Sergipe.The ...

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First Published: Fri, October 18 2013. 04:54 IST