Petrobras declares 19 Brazilian areas commercial

Dec. 29, 2006
Petroleo Brasileiro SA (Petrobras) has determined commercial viability for another 16 offshore and 3 onshore areas in three basins within southeastern Brazil.

By OGJ editors
HOUSTON, Dec. 29 -- Petroleo Brasileiro SA (Petrobras) has determined commercial viability for another 16 offshore and 3 onshore areas in three basins within southeastern Brazil.

Petrobras sent commercial viability statements for the new areas in the Espirito Santo, Campos, and Santos basins to the National Agency of Petroleum, Natural Gas, and Biofuels.

Detailed technical assessments need to be completed before any development plans are made, Petrobras said. The state-owned firm operates all 19 areas.

Three areas on the old BS-500 Block, in the Santos basin, were declared commercially viable, resulting in Tambuata, Pirapitanga, and Carapia oil and gas fields. One area in the old BS-400 Block was annexed to Mexilhao field.

Four new offshore and three new onshore areas were defined in the Espirito Santo basin, all operated by Petrobras. The new Carapo and Camarupim gas fields, and two other gas and light oil areas will be annexed to the Golfinho and Canapu fields. Three new fields, Saira, Seriema, and Tabuiaia, were defined onshore.

Eight new areas were declared commercially viable in the Campos basin: Maromba field, on the old BC-20 Block; Carataí and Carapicu fields, on the old BC-30 Block; and Catua, Caxareu, Manganga, and Pirambu fields on the old BC-60 Block.