Anadarko Looks for Oil in Brazil's Pre-Salt Area

Anadarko will start oil exploration of Brazil's pre-salt area, reported Valor newspaper. The company plans to begin drilling in both the BM-C-30 block in the Campos Basin and the BM-ES-24 block in the Espirito Santo Basin.

Although extracting this oil may pose a technological feat, Brazil's Petrobras has predicted that the pre-salt area offshore Brazil harbors such a vast amount of oil reserves that the country could become a major oil exporter because of it. Waters in the area reach 2,000 meters, and the oil is located below 3,000 meters of rock and sand, as well as a 2,000-meter layer of salt.

Devon Oil Corp., EnCana Corp. and SK Energy Co. of South Korea are joint venture partners in the BM-C-30 block. Petrobras and EncCana hold interest in the BM-ES-24 block.

We want to hear from you. Questions, opinions and suggestions are all welcomed by the Rigzone Staff. Write us at .

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Plug and Abandonment Rigger-Offshore
Expertise: Rig Instrument Tech
Location: Houma, LA
Expertise: Storeman|Warehouse Person
Location: Lovell
Expertise: Heavy Machinery Operator|Rig Mover|Truck / HGV Driver
Location: Midland, TX
search for more jobs

Brent Crude Oil : $50.75/BBL 0.09%
Light Crude Oil : $47.73/BBL 0.50%
Natural Gas : $3.05/MMBtu 0.97%
Updated in last 24 hours