Petrobras well data shows large oil potential in Santos Basin pre-salt block

Posted on 03 January 2013

PetrobrasCarcara

Tests and data collected from the Carcará well in block BM-S-8 support the expectation that the oil flow in the drilled reservoirs has more potential.

Petrobras has completed drilling well 4-SPS-86B, known as Carcará, in block BM-S-8 in the ultra-deepwater Santos Basin pre-salt. A significant column was found after drilling 5,742 meters containing at least 471 meters of excellent quality oil with an API of 31° and free of CO2 and H2S contaminants. The well, located 232 km off the coast, was drilled in water depths of 2,027 meters.

Data collected from the well – logs, lateral cores, fluids and pressures – as well as petrophysical analysis and long duration tests in pre-salt reservoirs support the expectation that the oil flow in the drilled reservoirs has more potential. This will be confirmed by ongoing exploratory activities in the area, which includes drilling an extension well in 2013, to assess the productivity of the reservoirs using a formation test.

Due to operational issues, it was not possible to reach the final depth of 7,000 meters to carry out an additional assessment. The well has been temporarily abandoned, allowing for the operation to be resumed in the future if the consortium wishes to do so.

Carcará is expected to start producing oil in 2018, with development wells being drilled throughout 2016 and 2017.

Petrobras operates the consortium (66%) with Petrogal Brasil (14%), Barra Energia do Brasil Petróleo e Gás (10%) and Queiroz Galvão Exploração e Produção SA (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