Petrobras has made a discovery of a hydrocarbon accumulation in the deep waters of the Espírito Santo Basin post-salt by drilling well 4-BRSA-1265-ESS (ANP nomenclature) /4-GLF-42-ESS (Petrobras nomenclature), known as Lontra, at a water depth of 1,319 m (4327 ft), according to a press release.
The well, which is 81 km (50 miles) offshore the city of Vitória in Espírito Santo state and lies within the Golfinho concession area, confirmed the presence of gas and condensates, as supported by log data and cable tests. The reservoirs were identified at 3,055 m in depth and well drilling operations ceased at 3,238 m (10,623 ft), according to the release.
Petrobras is the operator and holds 100% of the Golfinho production concession.
Recommended Reading
PHX Minerals’ Borrowing Base Reaffirmed
2024-04-19 - PHX Minerals said the company’s credit facility was extended through Sept. 1, 2028.
SLB’s ChampionX Acquisition Key to Production Recovery Market
2024-04-19 - During a quarterly earnings call, SLB CEO Olivier Le Peuch highlighted the production recovery market as a key part of the company’s growth strategy.
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.