Brazilian independent OGX has identified the presence of hydrocarbons in the Albian-Cenomanian section of well 3-OGX-35D-RJS, an appraisal well of the Waikiki accumulation which was initially discovered through the drilling of well 1-OGX-25. This well is located approximately 2 km from the wildcat 1-OGX-25, in the BM-C-39 block, in the shallow waters of the Campos Basin. OGX holds a 100% working interest in this block.
“Continuing its appraisal campaign to delineate previously discovered accumulations, OGX drilled the well OGX-35D in the structure of Waikiki, which presented features very similar to those of the wildcat well, confirming the extension and exceptional quality of the reservoirs,” commented Paulo Mendonca, General Executive Officer of OGX. “This discovery validates our geological model for the region and also highlights our progress towards the production phase in the northern Campos blocks.”
The discovered oil column is approximately 158 meters with a net pay of about 80 meters, with lighter oil than is usually found in the Campos basin. This directional well, drilled to a depth of 2,400 meters, is a pilot well for the horizontal well that will be drilled in this accumulation.
The OGX‐35D well is located in the BM‐C‐39 block and is situated about 89 kilometers off the coast of the state of Rio de Janeiro at a water depth of approximately 104 meters. The rig, Ocean Lexington, initiated drilling activities there on February 12, 2011.