New wells confirm Libra field potential: Petrobras

October 15, 2015

RIO DE JANEIRO -- The consortium responsible for the Libra oil field in the Santos basin pre-salt has completed the drilling of well 3-BRSA-1310-RJS, in the central area of the block.

The new well has revealed the presence of hydrocarbons in a low-porosity reservoir, providing important information for the ongoing appraisal campaign over this extensive area. It is the fourth well drilled in Libra field.

The consortium is also drilling at two other locations. The 3-RJS-739A well in the northwest region of the block has already detected carbonate reservoirs containing oil, and coring operations are under way. In addition, drilling has just commenced on well 3-RJS-741 in the north.

The Libra Block was acquired in October 2013 and is in the exploratory phase. The Libra consortium has already contracted an FPSO vessel for conducting extended well tests. This vessel has a capacity of 50,000 bopd and 4 MMcmgd. Additionally, another FPSO for the Libra Pilot Project, with a capacity of 180,000 bopd and 12 MMcmgd, is in the bidding phase.

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

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