The hydrocarbons were found in two different levels in sandstone reservoirs in the Maastrichtian section of the OGX-20 well, presenting net pay of approximately 9m and 4m, respectively.
The drilling of well OGX-20, also known as the Tupungato prospect, will follow until an estimated final depth of approximately 3,650m is reached.
The OGX-20 well, located in the BM-C-41 block, is situated approximately 85km off the coast of the state of Rio de Janeiro at a water depth of approximately 130m.
OGX general executive officer Paulo Mendonca said that this discovery highlights the importance of the Maastrichtian section in the company’s blocks in the Campos Basin, where oil bearing reservoirs were initially identified in the OGX-5 well, Krakatoa prospect, and now were also found in the BM-C-41 block.
OGX holds a 100% working interest in this block.
