Petrobras has made a discovery of good quality oil in the pre-salt reservoirs  of Block BM-S-9 in the ultra-deep waters of the Santos Basin. The  discovery was made in well 3-BRSA-861-SPS, informally known as Carioca  Nordeste.
The consortium will give continuity to the  investments provided in the Discovery Evaluation Plan, presented to the  National Petroleum Agency in 2007, to confirm the dimensions and  characteristics of the reserve. Carioca Nordeste lies in a water depth  of 7,057 ft (2,151 m) about 171 miles (275 km) off the state of Sao  Paulo in the evaluation area of the Carioca well.
Petrobras is operator with 45% interest; BG Group owns 30% and Repsol has 25%.
 
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