Shell to drill in Brazil's subsalt region in 2009

Nov 07, 2008 01:00 AM

Royal Dutch Shell will start drilling in Brazil's promising subsalt region in late 2009, according to a report. According to the report, Shell will drill in the BM-S-54 block in the Santos Basin, the area off the coast of Rio de Janeiro and Sao Paulo states that has seen a wave of new discoveries. Shell holds 100 % of the block.
Drilling will start when a specially contracted rig arrives at the site late next year.

Shell also holds stakes in three other Santos Basin blocks in partnership with other firms: the BM-S-43, the BM-S-45 and the BM-S-8 blocks.
The BM-S-8 block contains the promising Bem-Te-Vi prospect. In total, the oil company holds stakes in 13 exploration and production concessions in Brazil.

Source / Dow Jones & Company, Inc.
Alexander's Commentary

Change of face - change of phase

In the period of July 20 till August 3, 2015, Alexander will be out of the office and the site will not or only irreg

read more ...
« February 2020 »
February
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29

Register to announce Your Event

View All Events