By OGJ editors
HOUSTON, June 15 – Brazil’s ANP has granted HRT Oil & Gas a 2-year extension to Mar. 3, 2013, of the first exploratory period for the SOL-T-219 and SOL-T-220 blocks in the Solimoes basin in northwestern Brazil.
The deadline for the exploration phase covering the first and second periods will be extended to Mar. 3, 2015.
HRT has contracted four heliportable drilling rigs. The first exploratory well, 1-HRT-170/01-AM, was spud on Apr. 21 and is at 1,330 m. The drilling schedule calls for 1-HRT-169/01-AM to spud June 17, 1-HRT-168/01-AM on June 25, and 1-HRT-194/01-AM on July 15.
Nine new heliportable rigs rated to 3,500-5,000 m will be contracted in 2011 to continue with the exploratory process. HRT is evaluating bids, and the rigs are expected to arrive in Brazil in late 2011. One of the drilling rigs, which will be leased, will be used to perform workovers as deep as 2,200 m.
Photo from Standard Lithium.
Deramstime | s_113230993.
