Petrobras reports Ceara deepwater oil discovery

By OGJ editors

Petrobras has reported a deepwater oil discovery in the Ceara basin offshore northeastern Brazil.

The Pecem (1-BRSA-1080-CES) well in 2,129 m of water 76 km off Paracuru County on the Ceara coast encountered oil during drilling in siliciclastics of the Cretaceous Paracuru formation based on log analysis and wireline tests, and fluid samples indicate liquid hydrocarbons.

Drilling is to continue from the present depth of 4,410 m to 5,500 m. The companies plan to evaluate the discovery’s porosity, permeability, and areal extent.

Petrobras operates the BM-CE-2 concession with 60% interest, and BP Energy do Brasil Ltda. has 40%.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...