Petrobras confirms potential of Tupi area

Jun 05, 2009 02:00 AM

Petrobras announced that the drilling of an additional well in the Tupi area has further confirmed estimates of a potential of 5 to 8 bn barrels of recoverable light oil and natural gas in the pre-salt layers of that field. Drilling is still underway seeking for other objectives at greater depths.
The third well, 4-BRSA-711-RJS (4-RJS-647), is located 33 km to the Northeast of Tupi first well, 1-RJS-628, and indicated similar oil type and quality reservoirs, supporting the original estimations for the area.

Informally known as Iracema and drilled by Seadrill's West Taurus semi-submersible, this appraisal well is located about 250 km off the coast of the state of Rio de Janeiro at a water depth of 2,210 meters, following the Tupi Evaluation Plan.
The discovery was proved from light oil samples (about 30 degrees API) through cable testing in reservoirs located at a depth of about 5,000 meters and having been notified to the National Petroleum Agency (ANP).

Following the conclusion of the drilling, the Consortium composed by Petrobras (65 % -- Operator), BG Group (25 %) and Galp (10 %), jointly responsible for the exploration of the BM-S-11 Block, will continue activities and investments forecasted in the Evaluation Plan approved by ANP, which also considers the drilling of other wells in the area.

Source / Petrobras
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