Petrobras S.A. (PBR) , a Brazilian state-owned energy company, has recently confirmed the extent of a natural gas discovery (made in 2022) in the deep waters of Colombia. The Uchuva-2 well, spudded in June 2024, was aimed at confirming the size of the gas discovery that was initially identified with the Uchuva-1 well. The Uchuva-2 well is located 19 miles off the coast of Colombia, at a water depth of 2,638 ft. Petrobras stated that the planned development of the well consists of five phases. The gas bearin ...