OGX makes Campos basin discovery

Offshore staff

RIO DE JANEIRO -- OGX Petróleo e Gás Participações has identified an oil-bearing interval in the Eocene section of well 1-OGX-4-RJS in the Campos basin’s BM-C-42 block.

The company says that well encountered a 90-m (295-ft) oil column with around 17 m (56 ft) of net pay in sandstone reservoirs characterized by excellent levels of permeability and porosity. The well is expected to reach a final depth of approximately 3,400 m (11,155 ft).

01/11/2010