Dec 19, 2010

Petrobras discovers light oil at Indra in the Espiritu Santo Basin offshore Brazil



Brazilian super major Petrobras has discovered light oil with its Indra prospect in the waters of the Espiritu Santo Basin offshore Brazil. 
Located about 140 kilometers from the city of Vitoria, well 1-BRSA-882-ESS was drilled on Block ES-M-594, or the BM-ES-32 Exploratory Concession. 
Drilled by the Paul Wolfe semisubmersible to a total depth of 3,850 meters, the Indra discovery well transected 70 meters of light oil in sandstone reservoirs. The deepest oil discovery in Espirito Santo Basin, the oil and natural gas reservoir is situated in waters measuring 2,100 meters deep. 
Initial data estimates that the Indra oil accumulation ranges from 25 to 30 degrees API, with an oil quality very similar to the Golfinho field 70 kilometers away. Additional tests are necessary to determine the volume, extend and productivity of the reservoir. 
Petrobras serves as the operator of the concession with 60 percent interest, and Norwegian major Statoil holds the remaining 40 percent interest.
Source: Press release

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