Petrobas Confirms Oil Well Discovery

Thursday, October 05, 2006
Brazil's state-owned Petrobras confirmed the discovery of a significant amount of light oil in the Santos Basin.

The confirmation was made after the company conducted tests in a vertical well and detected a flow of 4,900 barrels of oil and 150,000 cubic meters of natural gas per day. The highly productive reservoir was found under a 2,000-meter thick layer of salt, also known as pre-salt. Petrobras said it would make further investigations to determine the total oil and gas reserve of the well. According to experts, a reservoir that lies underneath a layer of pre-salt is commercially viable if its total capacity exceeds 700 million barrels.

Although drilling a well of this kind required a big investment, it was worthwhile because the rewards would be high, said Marcio Rocha, a geologist from the Brazilian Association of Petroleum Geologists.

There may be other wells below the pre-salt layers in the deep waters of the Campos Basin in the Rio de Janeiro state, said Rocha. The new well was discovered during exploration being carried out by a consortium comprising Petrobras, the UKs' BG Group and Portugals' Petrogal. Source: Xinhua

Maritime Reporter August 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

ESS Lands Second Contract with Dolphin Drilling

ESS Support Services Worldwide, part of Compass Group, has won a new, three-year contract, worth £10.5 million, to provide hotel and catering services to Dolphin Drilling Ltd.

MNZ Opens New Office in Port Taranaki

Maritime New Zealand (MNZ) informs that for the first time in 5 years it has a permanent presence in New Plymouth on the opening of a new office at Port Taranaki

Fugro Achieves Innovation through Integration

When Aberdeen-based Diamond Offshore wanted to add new functionality to the existing helideck monitoring system on the Ocean Guardian drilling rig in the North Sea,

 
 
Maritime Standards Navigation Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1227 sec (8 req/sec)