OGX makes Campos basin discovery

The 1-OGX -1-RJS well in block BM-C-43, offshore Brazil, has hit pay, according to OGX.

Offshore staff

RIO DE JANEIRO -- The 1-OGX -1-RJS well in block BM-C-43, offshore Brazil, has hit pay, according to OGX. The well encountered an oil column of over 200 m (656 ft) and net pay of 57 m (187 ft). Based on well information and existing 3D seismic data interpretation, OGX estimates a recoverable oil volume of between 500 MMbbl and 1.5 Bbbl.

The well, in the southern part of the Campos basin, was drilled to a depth of 2,347 m (7,700 ft) in 140 m (459 ft) of water. The rig Ocean Ambassador will now be mobilized to the 1-OGX-2-RJS well in block BM-C-41.

10/15/2009

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