Monday, December 20, 2010

Statoil Reports Oil Discovery Offshore Brazil

Scandinavian Oil-Gas Magazine, December 20, 2010
Statoil and the Petrobras of Brazil have struck oil on the Indra prospect in the Espirito Santo basin off the coast of Brazil. [See also map, here - D.R.]

Petrobras is operator for licence BM-ES-32, where the discovery was made and where Statoil holds a 40% stake.

The exploration well was drilled at a depth of 2,130 metres [6,988 feet] and both oil and reservoir quality is good. ...

The location is situated 140 kilometres [87 miles] from land and some 400 kilometres [245 miles] north of the Peregrino field. More

(The Peregrino field is located in the prolific Campos Basin, which has been Brazil's main production base for years. Peregrino is norwegian Statoil's most important project in Brazil. - D.R.)

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