US supermajor Chevron has kicked off a six-well drilling campaign at the Frade field, in the Campos basin, Brazil's hydrocarbons regulator ANP said.
The dynamically-positioned drillship Noble Leo Segerius will drill the wells, which all have target depths of between 2642 metres and 3799 metres. Operator Chevron hopes to pump first oil from Frade, which has estimated reserves of between 200 million to 300 million barrels of oil equivalent, in the second quarter of 2009. Chevron has a 51.7% stake in the field, with partners Petrobras Petrobras (30%) and independent player Frade Japao (18.3%).
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