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OGX redoubles Santos Basin find
Brazilian independent OGX has said analysis has confirmed hydrocarbon-bearing pre-salt microbiolite reservoirs in the shallow waters of its BM-S-57 Santos Basin block.
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PGS on pre-salt survey mission offshore Angola
The Petroleum Geo-Services Ramform Valiant has started acquisition of over 26,000 km² of GeoStreamer data in five blocks in the Kwanza/Benguela Basins in the pre-salt areas prospects offshore Angola.
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Advance in seismic interpretation claimed by ffA
UK-based ffA has launched new seismic interpretation workflow software, GeoTeric, which is said to directly translate geophysical data into geological information. According to the company, by focusing on bringing out the geological expression captured in seismic data, GeoTeric bridges the gaps between seismic processing, interpretation, and 3D modelling.
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Sercel happy with take up of its integrated navigation system
Sercel has confirmed the fifth installation in the past year of its integrated navigation system, SeaPro Nav. Parent company CGGVeritas has selected SeaPro Nav as its navigation system of choice and is expected to equip more than 10 additional vessels in the company's fleet by the end of 2012.
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RXT to carry out Statoil's OBC project
The multi-component seismic company Reservoir Exploration Technology (RXT) is to carry out an ocean bottom seismic (OBC) survey in Statoils's Kvitebjørn Field offshore Norway.
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Maersk is first to find in Angola's deepwater pre-salt
Maersk Oil and its partners including Sonangol have declared the Azul-1 deepwater exploration well, located in Block 23 in the Kwanza Basin, a discovery well.
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Repsol, Sinopec spot deep Brazil oil
Repsol, Spain's biggest oil company, said it found traces of crude in the deepest area being explored in Brazil, a report Wednesday said.
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Sonangol spins Reconcavo bit
Sonangol Starfish Oil & Gas, the Brazilian arm of Angola's state-owned company, has spud an exploration well on Block 166 of the light-oil-bearing Reconcavo basin onshore Brazil.
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OGX Hits it Big at Fortaleza Prospect
OGX has identified the presence of hydrocarbons in the Albian and Aptian sections of well 1-OGX-63-SPS in the BM-S-57 block, in the shallow waters of the Santos Basin.
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OGX hails 'huge' Santos column
Brazilian independent OGX has struck a "huge hydrocarbon column" of good quality at a shallow-water wildcat in the Santos basin.
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New Reserves Classification Guidelines Available
The SPE Oil and Gas Reserves Committee (OGRC) recently released Guidelines for Application of the Petroleum Resources Management System (PRMS). The new, 221-page document replaces the 2001 "Guidelines for Evaluation of Reserves and Resources" with expanded content that is updated to focus on using the 2007 PRMS to classify petroleum reserves and resources.
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HRT makes Solimoes find
Brazilian independent HRT Oil & Gas has concluded a formation test in Block SOL-T-194 in the onshore Solimoes basin that suggests a production potential of 250,000 cubic metres per day of natural gas and 300 barrels of condensate per day can be achieved from a vertical well.
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Maersk in Angolan pre-salt hit
Danish player Maersk Oil has confirmed a discovery in a pre-salt, deep-water exploration well off the coast of Angola.
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Brazilian pre-salt tops global discoveries
Brazil's presalt basins dominated the ranks of hydrocarbon discoveries made globally last year, according to new statistics.
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Colombia set to auction 111 blocks
Colombia plans to auction off 111 oil blocks with total acreage of 15.6 million hectares (38.5 million acres) next year, the National Hydrocarbons Agency said Wednesday.
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petróleo | pré-sal Spill may darken Brazil oil dreams
Chevron's oil leak off the Brazilian coast exposes the major environmental risks of tapping the country's new oil wealth and could further delay development by fueling nationalistic oil politics, analysis Monday said.
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BP Successfully Completes Deepwater Appraisal Well off Brazil
BP announced that a Notification of Discovery for the Itaipu-2 pre-salt appraisal well, located in block BM-C-32 in the deepwater sector of the Campos Basin, has been lodged with the Brazilian National Petroleum Agency (ANP).
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Filling up the future
Its remarkable offshore oil bonanza could do Brazil a lot of good. But getting the most out of it will not be easy
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