It is important to note that during last week we are performing a production test of the TBMT-2HP well and so far the results within expectations.
Campos Basin Exploration Campaign
On October 5, OGX obtained environmental authorization from IBAMA to begin drilling in the BM-C-37 and BM-C-38 blocks. This authorization will allow the Company to advance its exploratory campaign in this very promising region, where it plans to apply the expertise of its technical team and two of its rigs to continue drilling wildcat and appraisal wells.
Below we highlight results obtained in the third quarter:Villarrica: We have concluded drilling the wildcat well in the accumulation, OGX-87, and identified 8 meters of net pay in the Maastrichtian section and 2 meters in the Paleocene section. Fuji: We have finished drilling the fourth appraisal well of the accumulation, OGX-90D, where we discovered 2 meters of net pay in the Albian section. Cozumel: We have commenced drilling the wildcat well of the accumulation, OGX-99, which is still in progress. PARNAÍBA BASIN
- Receipt of Operating License to begin production of natural gas
- 2 important discoveries of hydrocarbons in the Bom Jesus accumulation
- Commenced drilling 5 exploratory wildcat wells