pre- salt fields in Brazil have and estimated 50 to 70 billion barrels and with some higher estimates of up to 150 billion barrels. The costs to bring this on line and get production started is estimated at $400 million. Due to the size of the field as long as oil stays above $35 then this project is consisted profitable
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- petrobras finds 1.5 to 2 billion barrels
petrobras finds 1.5 to 2 billion barrels , page-4
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