Sinopec

Repsol finds in Brazil a third oilfield in the Campos Basin

Published on Feb. 27, 2012

Por Luis Jar Santorum | Tags: Petrobras, Repsol, Brazil, Sinopec, Oil, Hydrocarbon

The National Securities Market Commission was informed by Repsol Sinopec Brasil that the company had found a new oilfield in the deep waters of the Campos Basin in Brazil.

The deep pool, so-called Pao de Açúcar, is located in the sector BM-C-33, in a 2.800 water sheet and it present two hydrocarbon accumulations with a 500 meter total height, one of the biggest heights found in Brazil up to now. First evaluations show that Pao de Açúcar contains high quality resources potential and excellent oil flow rates. Production tests scored 5.000 crude oil barrels and 807.349 cubic meters of gas daily.

The discoverer consortium, composed by Repsol Sinopec Brasil (35%), Statoil (35%) and Petrobras (30%), will perform ...