Barra Energia: Chief executive Renato Bertani says company weighing new exploration projects Photo: Kathrine Schmidt/Upstream

Barra eyes more exploration in BM-S-8

Barra Energia is weighing up a new exploration move at block BM-S-8 in Brazil’s Santos basin as partners gear up to spud an initial appraisal well at the huge Carcara prospect before the end of the year.

29 October 2013 15:31 GMT Updated 29 October 2013 15:31 GMT

By Kathrine Schmidt

The Brazilian independent is also moving forward with work in the Atlanta field, having spud a horizontal well there on Sunday, Renato Bertani said on the sidelines of OTC Brasil in Rio de Janeiro.

Barra has a 30% stake in that project alongside operator Queiroz Galvao Exploration & Production (QGEP) on 30%, while OGX has 40%.

Barra has a 10% stake in the Petrobras-operated BM-S-8 block, home of the Carcara prospect, believed to be one of the largest pre-salt finds in Brazil yet.

The

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Barra eyes more exploration in BM-S-8