Petrobras announced the discovery of petroleum in the Amazon Mouth Basin, off the coast of Amapá, at a well called Morpho. The state-owned company has already begun analyzing the characteristics of the oil found at the site.
According to a source in the sector with knowledge of the tests carried out by the company, the initial analysis indicates a petroleum with API gravity between 35 and 40, which represents a good quality oil by industry standards.
The oil found is considered light, a characteristic valued in the petroleum market. The quality is similar to that of petroleum extracted in Guyana, another South American country that also has significant petroleum reserves in the region.




