HRT hits gas in Brazil

Gas hit: CEO Marcio Rocha Mello

HRT

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Eoin O'Cinneide

 20 August 2012 15:10 GMT

Brazil’s HRT has revealed another gas discovery in the Solimoes basin after drilling a well in record time for the independent.

HRT has hit around 30 metres of net gas pay in three gas-bearing reservoirs at the 1-HRT-9-AM well, it said on Monday.

The company boasted that the well showed “the best permo-porosity characteristics and net pay” in its drilling portfolio.

“Well 1-HRT-9-AM once more confirms the gas trend extension to the south-west, thus opening a new exploratory potential in the area of block SOL-T-191,” it said.

“This discovery, together with the three ones already made by wells 1-HRT-2-AM, 1-HRT-5-AM and 1-HRT-8-AM confirm the large gas potential of the Tefe Cluster and represent an important advance in HRT’s objective to monetise the…

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