An oil column of about 60mt with approximately 22mt of net pay was encountered in carbonate reservoirs in the Albian section. The drilling of well OGX-14, also known as the Pero prospect, is still in progress and is expected to be drilled to a maximum final depth of approximately 3,400mt.

Paulo Mendonça, general executive officer of OGX, said: “This discovery represents another very important step for OGX since hydrocarbons were detected in an area to the north of our recent discoveries in Campos in which the company had not drilled previously.”

The OGX-14 well, located in the BM-C-40 block, is situated approximately 96km off the coast of the state of Rio de Janeiro at a water depth of approximately 104mt. The rig Ocean Lexington, provided by Diamond Offshore, initiated drilling activities on May 30, 2010.