Brazilian paper says Santos Basin block may hold 10 billion barrels

01/25/2009 | Bloomberg

A "pre-salt" area in Brazil's Santos Basin may contain up to 10 billion barrels of oil, with more potential than the Tupi field, according the newspaper O Estado de S. Paulo. ExxonMobil, Hess and Petroleo Brasileiro share the block, but it is operated by ExxonMobil.

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