After drilling the first 10m in the Devonian section with gas shows, in the depth of 1,654m, OGX Maranhao decided to conduct a drill stem test.
With the seismic data recently acquired, twenty new prospects were already mapped, five of which located in the same trend of this discovery, indicating a great potential in part of the basin, where OGX Maranhao owns seven blocks, in a total of 21,000sqkm.
The company said that the drilling of well OGX-16, also known as the California prospect, is still in progress and is expected to continue to a maximum final depth of approximately 3,450m.
OGX Maranhao, a joint venture between MPX (33.3%) and OGX Petroleo e Gas (66.6%), is the operator and holds a 70% stake in this block, while Petra Energia holds the remaining 30%.
OGX general executive officer Paulo Mendonca said that this discovery opens a new exploratory frontier in an onshore basin, the first in two decades in Brazil.
The OGX-16 well, located in the PN-T-68 block, is situated at approximately 260km of Sao Luis, the capital of the state of Maranhao.
