Drilling to resume on blocks once seismic results are in

By Fabio Palmigiani Rio de Janeiro Brazil

 02 December 2011 01:15 GMT

OGX is set to resume drilling at two blocks in Brazil’s southern Campos basin in early 2012, as it awaits new seismic data to better image the sub-volcanic section of the reservoirs, writes Fabio Palmigiani.

OGX started exploring in Brazil in September 2009 and initially focused a huge part of its effort on blocks BM-C-43 and BM-C-42, home of the Vesuvio, Krakatoa, Kilawea, Huna and Hawaii discoveries.

The last probe drilled in either area was in the fourth quarter of 2010, when the company detected hydrocarbons at the Potosi wildcat.

“We do have several mapped prospects within our blocks. We haven’t drilled them yet because we are waiting for the PSDM survey that is being carried out at this moment,” said OGX exploration executive manager Paulo Ricardo.

The company…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index