Brazilian federal energy major Petrobras (NYSE: PBR) will launch an extended well test (EWT) at its Tiro and Sidon prospects in Brazil’s offshore Santos basin within the next few days, a source at the company told BNamericas.

“The company is taking care of the final details in order to launch the test at the end of month,” the source said.

The EWT will be performed over 32 months. Tests will start at the 1-SPS-056 well (Tiro) and then move on to 1-SPS-057 (Sidon).

Tiro and Sidon are located 200km off the coast of So Paulo in the shallow waters of the BM-S-40 block. Petrobras is the sole operator of the block.

Petrobras estimates that BM-S-40 holds 150Mboe.

Brazil’s environment regulator Ibama has already issued the final installation license for the EWT, the source said.

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