OGX Strikes Oil in Campos Appraisals

OGX has encountered hydrocarbons in the Albian section of well 3-OGX-40D-RJS and in the Albian-Cenomanian section of well 3-OGX-41D-RJS, both appraisal wells from the Pipeline and Waikiki accumulations, respectively.

The OGX-40 well found an oil column of nearly 669 feet (204 meters) with a net pay of about 351 feet (107 meters) in carbonate reservoirs in the Albian section. OGX-41 discovered an oil column of about 486 feet (148 meters) with a net pay of about 302 feet (92 meters), also in carbonate reservoirs in the Albian-Cenomanian section. OGX plans to submit evaluation plans for the Pipeline and Waikiki discoveries to ANP soon.

The operator also noted that both wells are deviated and pilots for horizontal wells, in which drill-stem tests could be performed to verify the productivity of these areas.  The OGX-40D well is located in the BM-C-41 block and is situated about 49 miles (79 kilometers) off the coast of the state of Rio de Janeiro at a water depth of 427 feet (130 meters). The Sea Explorer semisub initiated drilling activities there on March 28, 2011. The OGX-41D well is located in the BM-C-39 block and is located about 55 miles (89 kilometers) off the coast of the state of Rio de Janeiro at a water depth of 341 feet (104 meters). The Ocean Lexington semisub initiated drilling activities there on April 3, 2011.

continue reading the full article