Petrobras reports Ceara deepwater oil discovery

Aug. 3, 2012
Petrobras has reported a deepwater oil discovery in the Ceara basin offshore northeastern Brazil.

Petrobras has reported a deepwater oil discovery in the Ceara basin offshore northeastern Brazil.

The Pecem (1-BRSA-1080-CES) well in 2,129 m of water 76 km off Paracuru County on the Ceara coast encountered oil during drilling in siliciclastics of the Cretaceous Paracuru formation based on log analysis and wireline tests, and fluid samples indicate liquid hydrocarbons.

Drilling is to continue from the present depth of 4,410 m to 5,500 m. The companies plan to evaluate the discovery’s porosity, permeability, and areal extent.

Petrobras operates the BM-CE-2 concession with 60% interest, and BP Energy do Brasil Ltda. has 40%.

About the Author

Alan Petzet | Chief Editor Exploration

Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.

Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.