Petrobas' Well Confirms Franco Area Potential
Petrobras announces that the first well drilled after the execution of the Transfer of Rights agreement confirmed the extension of the oil reserves located northwest of the Franco area discovery well, in the Santos Basin pre-salt cluster.
The new well, referred to as 3-BRSA-944A-RJS (3-RJS-688A), informally known as Franco NW, is at a water depth of 1860 meters, approximately 188 km from the city of Rio de Janeiro and 7.7 km northwest of discovery well 2-ANP-1-RJS (Franco).
The discovery was confirmed by oil samples of good quality (28º API) obtained through cable tests. Sample collection started at 5460 meters, in carbonate rock reservoirs of similar thickness as those registered in the discovery well.
The well is still in the drilling phase with the aim of reaching the base of the reservoirs containing oil. Once the drilling phase is complete, Petrobras will continue with the investment activities provided in the Mandatory Exploratory Program (Programa Exploratório Obrigatório, PEO) of the Transfer of Rights agreement, including the acquisition of 3D seismic data that is already underway in the area.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 34 Offshore Rigs
Manages 10 Offshore Rigs
- Exxon, Petrobras Form Alliance To Develop Oil, Gas Projects (Dec 14)
- Natural Gas In Petrobras Pipelines Up About 23% In 2017 (Dec 05)
- Petrobras CEO Says To Discuss Refining Partnership With CNPC CEO (Nov 15)