Petrobras begins drilling first exploration well in Libra consortium

Posted on 07 August 2014

Petrobras has started drilling the first exploration well in the Libra area. Schahin’s Cerrado drillship is drilling the well, known as 3-RJS-731. This is the first of two wells planned for the first phase of the Minimum Exploration Program (PEM) agreed with Brazil’s National Oil, Natural Gas and Biofuels Agency (ANP).

Well 3-RJS-731 will reach a TD of 5,850 m. It is positioned approximately 170 km off the coast of the state of Rio de Janeiro state, approximately 5 km southwest of discovery well 2-ANP-2A-RJS.

While drilling the exploration well, fundamental tests will be carried out to obtain information needed to develop Libra’s production. Besides drilling these two wells, the PEM also involves conducting a 3D-PSDM seismic survey of the whole block area, which has been completed, as well as an extended well test, to begin in December 2016. PEM will be completed by the end of 2017.

Petrobras is operator of the consortium (40%), in partnership with Shell (20%), Total (20%), CNPC (10%) and CNOOC (10%).

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 30 January 2015

    Chevron, BP, ConocoPhillips advancing Paleogene discoveries in deepwater GOM

    Chevron and BP will collaborate with ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon...

  • 29 January 2015

    PetroQuip deploys BigFoot toe sleeve in Anadarko Basin

    PetroQuip Energy Services successfully implemented its revolutionary toe sleeve, BigFoot, in a recent horizontal completion for an independent operator...

  • 27 January 2015

    US EIA: Lower 48 oil production outlook stable despite expected rig count reduction

    The sharp decline in oil prices over Q4 2014, which has continued in January, is already having a significant effect on drilling activity in the US, according...

  • 27 January 2015

    Hess announces 2015 capital, exploratory budget

    Hess Corp announced a 2015 capital and exploratory budget of $4.7 billion, a 16% reduction from its 2014 actual spend of $5.6 billion. Of this, $2.1 billion (45%) is budgeted for unconventional shale resources...

  • 26 January 2015

    Young professionals program at SPE/IADC Drilling Conference to target future leaders of the industry

    The oil and gas industry is constantly looking to the future. Whether this comes in the form of pushing the limits of pressure...

  • Read more news