StockWatch
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Oil & Gas Production
Project UpdateAug 3, 2026, 09:08 AM

Petrobras Confirms New Gas Discovery in Colombia Offshore Block

AI Summary

Petrobras announced a new gas discovery in the Sandia-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. This discovery, situated near existing finds, underscores the significant gas potential in the region and is expected to contribute to Colombia's energy security. Petrobras, through its subsidiary PIB-COL, operates the consortium with a 44.44% interest, in partnership with Ecopetrol S.A. holding 55.56%.

Key Highlights

  • Petrobras confirmed a new gas discovery in the Sandia-1 exploratory well in Block GUA-OFF-O, offshore Colombia.
  • The well is located 42 kilometers from the coast at a water depth of 1251 meters.
  • It is 18 km from Sirius-1/Sirius-2 wells and 9 km from Copoazu-1 well, highlighting regional gas potential.
  • Drilling commenced on June 12, 2026, and reached final depth on July 29, 2026.
  • Petrobras, through PIB-COL, operates the consortium with a 44.44% interest.
  • Ecopetrol S.A. holds the remaining 55.56% interest in the block.