By OGJ editors
HOUSTON, Nov. 17 -- Petroleo Brasileiro SA (Petrobras) says it has extended Marimba oil field to the north in the Campos basin off Brazil.
The 3-MA-32A exploratory well detected presence of 29° gravity oil in a 30 m of pay with good porosity and permeability. Water depth is 400 m.
Petrobras estimates recoverable oil in the extension at 25 million bbl, which would increase Marimba’s recoverable volume by 27%.
It said the discovery resulted from revision of the area’s geological model and use of new seismic interpretation methods.
The state-owned company said it will place the well on production through the nearby P-8 platform by next August.