Total says drilling due on block off Brazil
Total SA said exploratory drilling will begin later this year on deepwater license BM-S-54 off Brazil, in which it has acquired a 20% interest.
Jun 30th, 2010
By OGJ editors
HOUSTON, June 30 -- Total SA said exploratory drilling will begin later this year on deepwater license BM-S-54 off Brazil, in which it has acquired a 20% interest.
Royal Dutch Shell PLC holds the remaining interest and operates the 700-sq-km block, which lies in 2,000 m of water about 200 km south of Rio de Janeiro.
The Santos basin block is near the Tupi, Iara, and Iracema presalt oil discoveries.
Drilling is subject to regulatory approvals.
