OGX test Campos basin well off Brazil

OGX Petróleo e Gás Participações S.A. has finished its cased-hole drillstem test of 1-OGX-14-RJS in block BM-C-40 offshore Brazil in the Campos basin.

Offshore staff

RIO DE JANEIRO -- OGX Petróleo e Gás Participações S.A. has finished its cased-hole drillstem test of 1-OGX-14-RJS in block BM-C-40 offshore Brazil in the Campos basin. The test confirmed permeability and porosity for potential production of 3,000 b/d of oil per vertical well, OGX said.

The Peró prospect well has TD of 3,067 m (10,062 ft) and found two separate carbonate reservoirs in the Albian section. This test was on the first section.

Sea Explorer, the rig used in this test, will mobilize to the next location, within the Waimea prospect in block BM-C-41, in the shallow waters of the southern part of the Campos basin.

09/20/2010

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