Offshore Technology · April 29, 2026 (Apr 29) · 1 min read

Petro Victory confirms 72m gas pay at SJ-12 well in São João field

Analysis

OilCyprus Editorial

Petro Victory Energy has confirmed a significant gas discovery at its SJ-12 well in the São João field, Brazil, identifying 72 meters of gas pay within a larger hydrocarbon interval. This discovery highlights the potential of the Barreirinhas Basin and could lead to increased production for Petro Victory.

Key Facts

Petro Victory identified 72m of gas pay at the 7-SJ-12DA-MA well (SJ-12).
The gas pay is within a 280m gross hydrocarbon interval.
The São João field is 100% owned by Petro Victory Energy.
The field is located in the Barreirinhas Basin, Brazil.

Market Impact

The discovery could stimulate further exploration and development in the Barreirinhas Basin, attracting investment and potentially increasing Brazil's natural gas reserves. It also demonstrates the viability of Petro Victory's operations in the region and could improve investor confidence.

Why This Matters for Cyprus

This discovery is important to industry professionals because it signals potential growth opportunities in the Brazilian natural gas sector and highlights the success of independent operators in unlocking new resources.

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