Petrobras confirms gas discovery in Colombia

Petrobras, following up on the release disclosed on 07/29/2022, informs that it has achieved the main target of the Uchuva-2 well, confirming the extent of the gas Discovery made in 2022 with the drilling of the Uchuva-1 well. This well adds relevant information for the development of a new frontier of exploration and production in Colombia, reinforcing the volumetric potential for gas in the region.

Uchuva-2 well, spudded on 06/19/2024, is located in deep waters in Colombia, 31 kilometers off the coast and at a water depth of 804 meters.



The well is in progress, with five phases, and the gas-bearing interval was verified at phase 4 through wireline logging, which will be further characterized through laboratory analyses.

The consortium, constituted by Petrobras as operator (working interest 44.44%), in partnership with Ecopetrol (NYSE: EC) (working interest 55.56%) will continue operations to complete the project to drill the well to the expected depth and characterize the conditions of the reservoirs found, with the prediction of carrying out a formation test by the end of 2024.

Petrobras' operations in the Tayrona Block are in line with the company's long-term strategy, aimed at replenishing oil and gas reserves through the exploration of new frontiers and acting in partnership, ensuring that global energy demand is met during the energy transition.