Karoon encounters oil at Santos basin discovery

A combine led by Karoon Gas Australia Ltd. has made an oil discovery at the Bilby-1 exploratory well in the Santos basin offshore Brazil.

The Bilby-1 well, on Block S-M-1166 went to 3,854 m measured depth and found oil contained in an interbedded sand and shale interval of Late Cretaceous age, confirmed from sampling over a 200-m gross section so far. The discovery has been verified by wireline petrophysical, pressure data, fluid sampling, and mudlog analysis.

The well is positioned 150 m downdip from the trap crest as interpreted on seismic. After wireline testing is complete, the well is to drill ahead to the planned total depth of 4,573 m measured depth.

The well was drilled as part of an agreement dated Sept. 18, 2012, as a minimum work commitment for five offshore blocks, S-M-1101, S-M-1102, S-M-1037, S-M-1165, and S-M-1166. Pacific Rubiales Energy Corp., Toronto, has a 35% interest in the blocks subject to approval by Brazil’s ANP.

Two other exploratory wells have been drilled on the blocks as part of the agreement. Kangaroo-1 was previously announced as an Eocene light oil discovery, and Emu-1 was plugged and abandoned after failing to discover hydrocarbons in economic quantities.

Related Articles

Petrobras completes exploration well in TOR area of Santos basin

05/09/2014 Brazil’s state-owned Petroleo Brasileiro SA (Petrobras) reported that it has completed drilling the last exploration well in the Transfer of Rights...

Associations raise concerns in Atlantic OCS G&G comments

05/08/2014 The US Bureau of Ocean Energy Management’s preferred alternative for new geologic and geophysical (G&G) activity on the South and Mid-Atlantic ...

Alaska receives 43 bids in Cook Inlet, peninsula lease sales

05/08/2014 The Alaska Division of Oil & Gas reported receiving 43 bids from companies and investors hoping to secure state leases during the Cook Inlet an...

Study targets area off Australia, Indonesia

05/08/2014 Petroleum Geo-Services said an international seismic study has improved understanding of regional stratigraphy and basin development in an area off...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected