Brazil: HRT spudding more Solimoes basin wells

June 23, 2011
A unit of HRT Participacoes em Petroleo SA, Rio de Janeiro, has spud the 1HRT-169/01-AM exploratory well in the Solimoes basin in northwestern Brazil.

By OGJ editors
HOUSTON, June 23
– A unit of HRT Participacoes em Petroleo SA, Rio de Janeiro, has spud the 1HRT-169/01-AM exploratory well in the Solimoes basin in northwestern Brazil.

The well, HRT’s second, is projected to 3,500 m on the Jatoba contingent resource structure in the northeast part of the SOL-T-169 block. It is to test the western extension of the structural high tested by the 1-JOB-01-AM well that revealed the presence of gas in the Jurua formation (see map, OGJ, Mar. 7, 2011, p. 63).

HRT said it expects to find at least two hydrocarbon intervals, likely gas in Carboniferous Lower Jurua formation sandstones and probably oil in Devonian Uere formation sandstones.

The company holds 55% participating interest in 21 exploration blocks totaling 48,500 sq km on which 52 prospects are mapped and 11 discoveries are classified as contingent resources in the basin.

Later in June HRT will spud the 1-HRT-168/01-AM on the Gaviao contingent resource structure in the Carauari municipal district.