Brazil plans $15 million Urucu drilling program in 2005

Petróleo Brasileiro SA (Petrobras) next year will begin a $15 million drilling program in the Urucu southeast basin, 650 km from Manaus in Amazon state, Brazil.

Nov. 29, 2004

Peter Howard Wertheim
OGJ Correspondent

RIO DE JANEIRO, Nov. 29 -- Petróleo Brasileiro SA (Petrobras) next year will begin a $15 million drilling program in the Urucu southeast basin, 650 km from Manaus in Amazon state.

Production from the onshore Urucu basin has peaked at 59,000 b/d of 49° gravity oil and 10 million cu m/day of natural gas. The oil output represents 4% of Brazilian production, most of which comes from offshore.

Surveys in the Urucu basin began in 1988.