Brazil

A well in the BM-C-41 shallow water block in the southern Campos basin off Brazil has cut a 96-m oil column with 32 m of net pay in Albian carbonates, said Brazil’s private OGX Petroleo e Gas Participacoes SA, Rio de Janeiro.

July 20, 2010

By OGJ editors
HOUSTON, July 20 – A well in the BM-C-41 shallow water block in the southern Campos basin off Brazil has cut a 96-m oil column with 32 m of net pay in Albian carbonates, said Brazil’s private OGX Petroleo e Gas Participacoes SA, Rio de Janeiro.

OGX, which owns 100% working interest in the block, plans to continue drilling the well on the Santa Helena prospect to 3,450 m.

Drilling data from the well, mainly pressure data, suggest connectivity with the Etna (OGX-6) discovery 1.81 km southeast and the Pipeline (OGX-2) discovery 6.41 km southwest. OGX-15 is in 130 m of water 78 km off Rio de Janeiro state.