OGX's Winning Streak Continues Offshore Brazil

OGX has encountered additional oil-bearing reservoirs in two wells in the shallow waters of the Campos Basin. An oil-bearing interval in the 1-OGX-13-RJS well in the BM-C-41 block, the second appraisal well on the Vesuvio prospect, had a net pay of 33 feet (10 meters) in the sandstone reservoirs. The company also discovered a 361-foot (110-meter) oil column in the 1-OGX-10-RJS well on the Hawaii prospect in the BM-C-42 block. Carbonate reservoirs in the Aptian section yielded a net pay of 131 feet (40 meters). Drilling at both wells has been completed and the rigs will now move to other prospects – the Sea Explorer will tap the Huna prospect and the Ocean Lexington will drill the Pero prospect. OGX wholly owns and operates both blocks.

continue reading about Hawaii on SubseaIQ

continue reading the full article

SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
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 www.riglogix.com.