Petrobras confirms light oil in Arjuna well

Jan 09, 2013 12:00 AM

Petrobras announces that extension well 3-BRSA-1128-ESS, whose objective is to delineate the accumulation, has confirmed the presence of light oil and gas in sandstones reservoirs in the post-salt of Espirito Santo Basin. Discovery of the accumulation had already been announced on December 17th, 2010, when well 1-BRSA-882-ESS, known as Indra, was drilled.

The new well, informally known as Arjuna, is part of the 1-BRSA-882-ESS (Indra) Evaluation Plan, and is about 130 km off the coast of Espirito Santo state and 0.9 km northwest of the discovery well.

The oil reservoirs, whose age ranges from the Paleocene to the Santonian, have a total thickness of some 200 meters and are approximately 3,679 meters deep, at a water depth of 2,143 meters.

A formation test will be carried out to assess the productivity of the reservoir. As verified in the discovery well, the oil found is of good quality (29 degree API).

The consortium of concession BM-ES-22A (Block ES-M-527), made up by Petrobras (75%), as operator, and Vale (25%), will proceed with the activities and investments set out in the Discovery Evaluation Plan (PAD), approved by Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP).

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« September 2017 »
September
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 30

Register to announce Your Event

View All Events