OGX-3 hits Aptian and Barremian intervals in Campos

Brazil’s largest independent OGX has found two hydrocarbon-bearing intervals in its 1-OGX-3-RJS well in block BM-C-41 in shallow waters of the southern Campos basin, the company says.

By Offshore staff
RIO DE JANEIRO – Brazil’s largest independent OGX has found two hydrocarbon-bearing intervals in its 1-OGX-3-RJS well in block BM-C-41 in shallow waters of the southern Campos basin, the company says.
A formation test is planned with an eye toward taking the field into production.
An oil column of more than 180 m (590 ft.) and net pay of around 50 m (164 ft.) was identified in carbonate reservoirs of the Aptian and Barremian sections.
The well OGX-3 is in its final stage of drilling which will reach an estimated total depth of approximately 4,000 m (13,123 ft.).
OGX, which is the largest Brazilian independent in terms of offshore exploratory acreage, holds a 100% working interest in this block.
This is the second discovery of hydrocarbons made in well OGX-3.
"A discovery also in the deeper sections shows that we had the right exploratory strategy for the area, which has been presenting all the elements to become a major oil producing region," says Paulo Mendonca, general executive officer of OGX.
The well OGX-3 is located in the block BM-C-41, at a distance of approximately 83 km (52 mi) from the coast of Rio de Janeiro state, where the water depth is around 130 m (427 ft.).
Pride International’s rig Sea Explorer will continue at the location until the end of the formation test, OGX says.
Separately the company announces that drilling is underway at OGX-4 and OGX-5, the so-called Kilawea and Krakatoa prospects in block BM-C-42 and BM-C-43, respectively. Drilling is estimated to take 60 days.
These wells are being drilled by the rigs Ocean Quest and Ocean Ambassador, respectively.

12/28/2009

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