Repsol Sinopec has encountered oil in its fourth probe in the BM-C-33 licence in the Campos basin, offshore Brazil.
The company, together with Statoil and Petrobras, completed the the Gavea A1 well appraisal well in the ultra-deep pre-salt block BM-C-33 discovery.
According to Statoil, Gavea A1 encountered a hydrocarbon column of 175 meters in a good-quality reservoir of silicified carbonates of the Macabu formation.
The well reached a total depth of 6,230 meters and was successfully tested producing around 16 million standard cubic feet (scf) of gas and 4,000 barrels per day of oil (32/64” choke), the Norwegian oil company said.
This is the fourth appraisal well in the licence, which comprises the Seat, Gavea and Pão de Açucar (PdA) discoveries. In 2013-2015 the consortium drilled and tested the Seat-2, PdA-A1 and PdA-A2 appraisal wells.
With Gavea A1 the consortium has finalized the appraisal activities in BM-C-33 and will now evaluate the sub-surface data and assess lean and cost-effective development concepts.
Repsol Sinopec Brasil is the operator of BM-C-33 with a 35 percent stake while its partners Statoil and Petrobras have 35 and 30 percent stakes, respectively.
As announced in December 2015 , Statoil will take over operatorship of the licence. This is expected to happen in the third quarter of 2016, subject to the approval from Brazilian authorities (ANP).