Drill-Stem Test at OGX's Natal Well Confirms O&G Presence

OGX has concluded a drill-stem test in well 1-OGX-11D-SPS on the Natal field in the BM-S-59 block in the shallow waters of the Santos Basin, offshore Brazil.

The drill-stem test confirmed the presence of gas and the existence of condensate of about 47 degree API that should be responsible for more than 20% of the hydrocarbon volume of this structure, stated the operator.

Test results indicate a production capacity of 1 MMcm/d and 1,200 barrels per day of condensate in a vertical well, which could reach up to 5 MMcm/d of natural gas and 6,000 barrels of condensate through a horizontal well.

Natal is located in a water depth of 591 feet (180 meters). OGX wholly owns and operates the block. 

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