Thursday, April 16, 2009

Petrobras and partners make deepwater discovery on BM-S-9

RIO DE JANEIRO: Petrobras and a consortium of partners have discovered light oil in the pre-salt reservoirs of Block BM-S-9, a block in the ultra-deep waters of the Santos Basin offshore Brazil.

The BM-S-9 is composed of two evaluation areas: the area of well 1-BRSA-491-SPS (1-SPS-50), known as Carioca, and the area of well 1-BRSA-594-SPS (1-SPS-55), called Guará. The new well, 4-BRSA-709 (4-SPS-60), called Iguaçu, is located in the evaluation area of Carioca some 340 kilometers (211 miles) off the coast of the State of São Paulo in 2,140 meters (7,020 ft) of water. The well was drilled by Diamond Offshore drillship Ocean Clipper. The discovery was proved by means of an oil sampling made via a cable test in reservoirs located at a depth of 4,900 meters (16,076 ft).Brazilian regulatory agency ANP has been informed of the discovery. The consortium will give continuity to the activities and investments that are required to evaluate the fields discovered in this area pursuant to an evaluation plan approved by the ANP. A new well is expected to start being drilled in the area within the next few days.
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