New discovery increases Marimbá field estimates

Exploratory well 3-MA-32A in the Campos basin has hit 30-m (98-ft) thick reservoirs of good porosity and permeability, Petrobras reports.

Offshore staff

RIO DE JANEIRO -- Exploratory well 3-MA-32A in the Campos basin has hit 30-m (98-ft) thick reservoirs of good porosity and permeability, Petrobras reports.

The well, in a new producer area that extends the Marimbá field to the north in the Campos basin’s post-salt layer, confirmed the presence of light 29° API oil.

According to company estimates, the discovery contains 25 MMbbl of recoverable oil and will increase Marimbá field's recoverable volume by 27%.

Petrobras plans to connect the well to the nearby P-8 platform via already installed infrastructure. Production is anticipated in August 2010.

11/17/2009

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