Petrobras Confirms Quality Oil in Iara Offshore Brazil


Location of Blocks offshore Brazil
(Click to Enlarge)

Petrobras has completed the Iara Horst well (3-BRSA-891A-RJS) in the BM-S-11 concession in the Santos Basin, offshore Brazil. The 3-BRSA well encountered good quality oil in a thick reservoir section, about 28 degrees API. Preliminary results indicate Iara Horst demonstrates superior reservoir characteristics compared with the original discovery well, which is located 5 miles (8 kilometers) away. Additional activities will now continue on Iara, which includes a drill stem test in 2011. The well was drilled in a water depth of 7,477 feet (2,279 meters), nearly 143 miles (230 kilometers) off the coast of Rio de Janeiro. Block BM-S-11 is operated by Petrobras, holding a 65% interest; BG Group holds 25%; and Petrogral holds the remaining interest.

continue reading the full article

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Floorhand
Expertise: Floorhand / Roughneck|Roustabout
Location: Grand Junction, CO
 
Remote Paramedic w/ Clerking Experience
Expertise: Paramedic / Nurse|Rig File Clerk|Safety Officer
Location: GOM, TX
 
Casing Crew Pusher
Expertise: Floorhand / Roughneck|Roustabout
Location: Oklahoma City, OK
 
search for more jobs

Brent Crude Oil : $50.2/BBL 3.29%
Light Crude Oil : $47.89/BBL 3.34%
Natural Gas : $2.94/MMBtu 1.37%
Updated in last 24 hours