By OGJ editors
HOUSTON, Dec. 17 – A Petrobras group said early tests confirmed light oil potential of the western extent of the Tupi-Iracema accumulation in the deepwater Santos basin off Brazil.
Wireline tests at the Tupi W well, in 2,139 m of water on the BM-S-11 block 11 km northwest of the Tupi discovery well, confirmed 28° gravity oil in presalt reservoirs at the western extreme of the Tupi Evaluation Plan Area. The reservoir is 90 m thick at this location.
If formation tests scheduled in coming months meet with success, the group will consider dedicating a floating production, storage, and offloading vessel to the Tupi W area.
The final evaluation of volumes for the Tupi-Iracema area is being formulated and is to be released at the end of December 2010.
Petrobras is operator with 65% interest. BG Group has 25%, and Portugal’s Galp Energia has 10%.