Repsol to Spud Exploration Well in BM-S-48 Offshore Brazil

This weekend Repsol will begin operations at its Panoramix prospect offshore Brazil in block BM-S-48. The block is located approximately 120 kilometers off the coast of Sao Paulo.

Repsol will be using the Sovereign Explorer semisub to drill the well. The well will be drilled to a depth of approximately 5,000 meters. After this well, the company will expects to drill two additional wells in this area by April 2009.

Repsol holds a 40% stake in the BM-S-48 block and is the operator.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Field Maintenance Controls Technician
Expertise: Maintenance Technician|Rig Mechanic
Location: Eighty Four, PA
Maintenance Supervisor - Drilling
Expertise: Maintenance Manager|Rig Mechanic
Location: Eighty Four, PA
Whipstock Welder
Expertise: Rig Welder|Welding|Workshop
Location: Lafayette, LA
search for more jobs

Brent Crude Oil : $51.38/BBL 2.44%
Light Crude Oil : $50.43/BBL 2.26%
Natural Gas : $3.14/MMBtu 0.94%
Updated in last 24 hours