Guara discovery resources estimated at 2 Bboe

The Guara discovery in the Santos basin pre-salt, offshore Brazil is estimated to contain recoverable volumes of 1.1 to 2 Bboe, according to BG Group, Petrobras, and Repsol.

Offshore staff

READING, UK -- The Guara discovery in the Santos basin pre-salt, offshore Brazil is estimated to contain recoverable volumes of 1.1 to 2 Bboe, according to BG Group, Petrobras, and Repsol.

During a drill stem test, Guara flowed at 7,200 boe/d. These flow rates were facilities-constrained, and test data indicates that a permanent production well would be capable of producing initial rates of up to 50,000 boe/d, the companies say.

The Guara development will use a 120,000 b/d FPSO, targeting first production from 2012. This will follow the 100,000 b/d first phase of the Tupi field, due onstream at the end of 2010.

09/09/2009

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