Petroleo Brasilerio, also known as Petrobras (PBR), found light crude in reserves situated in the Campos Basin off the coast of the state of Rio de Janeiro. The discovery was made by drilling well 1-BRSA-713-RJS (1-RJS-661) in Exploratory Concession BM-C-36 (block C-M-401). This block is exclusively operated by Petrobras. Preliminary analysis indicates that the Campos Basin has recoverable volumes of 280 million barrels of light oil. Geologically similar reservoirs had already been identified in the Santos Basin by drilling two wells in the Marlin Sul field. These discoveries are a result of the efforts and the modern technology that the company has been using in other production areas.  Petrobras' expertise in deepwater oil and gas exploration and production (E&P) is reflected in its outstanding production growth track record in the past as well as the production and reserves growth prospects in the future after significant ...