# Petrobras Finds Amazon Oil

> Petrobras discovers third oil field at Amazon River mouth.
- Title: Petrobras Finds Amazon Oil · Agência Brasil | Shortify
- Summary: Petrobras discovers third oil field at Amazon River mouth. Petrobras announces third oil discovery at Amazon River mouth in Block FZA-M-59, boosting Brazil's…
- Keywords: petrobras, amazon, oil, equatorial margin, block fza-m-59, morpho well, news, brazil, Finds, Agência Brasil
- Source: Agência Brasil — https://agenciabrasil.ebc.com.br/en/economia/noticia/2026-10/petrobras-announces-third-oil-discovery-mouth-amazon
- Published: 2026-10-30T15:18:00+00:00
- Read time: 1 min
- Topics: petrobras, amazon, oil, equatorial margin, block fza-m-59, morpho well, news, brazil
## Petrobras announces third oil discovery
Petrobras announced its third oil discovery at the Morpho well in Block FZA-M-59, off the coast of Amapá state, at the mouth of the Amazon River.

> Our technical persistence has enabled us to make three discoveries in the same well, making us even more optimistic about the exploratory potential of the Equatorial Margin.
## Well location and depth
The well is located in ultra-deep waters at a depth of 2,886 meters off the coast of Amapá.
## Equatorial Margin exploration
Petrobras has drilled more than 700 wells on the Equatorial Margin, Brazil’s newest frontier for deepwater and ultra-deepwater exploration.
## Third-quarter production results
Petrobras reported record oil production of 3.512 million barrels of oil equivalent per day in the third quarter of 2026.
## Next steps for operations
The rig will move to the Potiguar Basin to begin drilling at the Mãe de Ouro prospect after completing abandonment procedures.
## Key takeaway

Petrobras announces third oil discovery at Amazon River mouth in Block FZA-M-59, boosting Brazil's energy reserves.