Búzios oil field is a large ultra-deepwater oil field located in the Santos Basin, about 230 km off the coast of Rio de Janeiro, Brazil. Originally named Franco oil field, it was the second largest pre-salt find in the basin since 2007, behind Tupi oil field, which holds between 5 and 8 e9oilbbl equivalent and is located just south of the Búzios oil field.[1][2][3]
Etymology
The field was named after Búzios, Rio de Janeiro.
History
The field was discovered in May 2010 with an encounter of light oil which measured 30° API.[1]