Friday, May 29, 2015

Galp confirms new discovery in well in Brazil – Jornal de Negócios – Portugal

The Portuguese oil company announced on Friday the market that held drilling confirmed the oil potential and the extension to northern Carcará discovery in the Santos Basin.

Galp Energia said Friday that the drilling of the second well in Carcará area, located in deep waters in the Santos Basin in Brazil, “confirmed the light oil potential in the pre-salt reservoirs and the extent to Northern Caracara discovery. “

” The drilling confirmed the extension of good quality oil discovery in excellent quality carbonate reservoirs located below the salt layer, from 5820 meters deep, “said the perolífera in a statement.

According to Galp, after the completion of drilling, is planned to hold a training test to assess the productivity of reservoirs. “In 2015 there are plans to continue drilling the well Carcará Northwest, continuing operations provided for in the evaluation plan of the discovery (PAD)”, adds the company.

The PAD Carcará approved by the Agency National Petroleum, Natural Gas and Biofuels (ANP) is scheduled to end in March 2018.

Galp Energia, through its subsidiary Petrogal Brazil, holds a 14% stake in the consortium that explores this, fitting 66% to Petrobras (operator), 10% to the Energy of Brazil Oil and Gas Bar and 10% to Queiroz Galvao Exploration and Production.

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