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The Barra Velha Formation hosts giant oil and gas fields producing from the presalt of Santos Basin, in southeastern Brazilian coast. We show evidence from cores that the Barra Velha Formation was affected by intense fracturing, faulting and diagenetic processes with hydrothermal imprint. U-Pb geochronology was used to anchor cement filled fractures in time. Fault planes mineralized by dolomite could be dated at ca. 95 Ma. Fluid inclusion and geochemistry suggests participation of mantle volatiles and fluid mixing. Widespread dissolution of structural framework formed vuggy fractures, that can be partially filled by barite, quartz and solid bitumen. We show a timeline of diagenetic events that affected fracture framework and infer that fracture porosity is more likely to be preserved where deep faults enabled fluids from greater depth to ascend into the reservoir, where they created large vuggy cavities by dissolution of host rock and fractures.