Sapinhoá oil field

The Sapinhoá oil field is an oil field located in the southern Brazilian Santos Basin, 310 km off the coast of Rio de Janeiro in a water depth of 7065 ft. It was discovered in 2008 and originally named Guará field, under development by Petrobras. The oil field is operated by Petrobras and owned by Petrobras (45%) Repsol Sinopec Brazil (25%) and BG Group (30%). The total proven reserves of the Sapinhoá oil field range from 1100 - 2000 MMoilbbl.

Etymology
The name Sapinhoá is derived from the Tupi language and refers to a marine mollusc.

Reservoir
The field produces light oil and natural gas from the pre-salt Guaratiba Group reservoir rocks.