|
|
Article: Brazil: Brazil Finds Light Oil in Shallow Waters.
- Article from:
- TendersInfo
- Article date:
- June 3, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: shabnam05
Brazil's state-owned Petrobras has announced the discovery of light oil in the shallow waters of the Santos Basin, off the southeastern coast of the country.
According to a statement released by the company on Thursday evening, the drilling of a well called 1-BRSA-607-SPS (1-SPS-56) has proved the presence of light oil in reservoirs above the salt layer, unlike Petrobras' recent discoveries in the pre-salt layer, at a minimum depth of 5,000 meters.
The new reservoirs are located at a depth of nearly 2,080 meters, which is classified as shallow waters, and their exploitation is not as expensive as that of deep water reservoirs. ...