Petrobras strikes oil at Libra field (Brazil)

The consortium responsible for the Libra oil field in the Santos Basin offshore Brazil has completed the drilling of well 3-BRSA-1310-RJS.

Petrobras, the operator of the Libra field, said on Wednesday that the well, which is located in the central area of the block, has revealed the presence of hydrocarbons in a low-porosity reservoir, providing important information for the ongoing appraisal campaign over the area.

It is the fourth well drilled in the Libra field. Petrobras said that the consortium was also drilling at two other locations. According to Petrobras, the 3-RJS-739A well in the northwest region of the block has already detected carbonate reservoirs containing oil, and coring operations (reservoir sample collection) are under way. In addition, drilling has just started on well 3-RJS-741 in the North.

The Libra block was acquired in October 2013 and is in the exploratory phase. The consortium has already contracted a Floating Production, Storage and Offloading (FPSO) vessel, to be used for extended well tests. This vessel has a capacity of 50 kbbl/d oil and 4 million m3/d gas. Additionally, another FPSO for the Libra Pilot Project, with a capacity of 180 kbbl/d oil and 12 million m3/d gas, is in the bidding phase.

The Libra Consortium is made up of Petrobras (Operator, with 40%), Shell (20%), Total (20%), CNPC (10%), CNOOC (10%) and PPSA (contract manager).

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