OGX Strikes Oil again at the Campos Basin and Discloses a Major Gas Discovery at the Onshore Parnaiba Basin.

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on August 17, 2010

OGX Petróleo e Gás announced that, through its subsidiary OGX Maranhão, has identified presence of gas in the Devonian section of well 1-OGX-16-MA, in the block PN-T-68, in the onshore basin of Parnaiba. OGX Maranhão, an entity formed by OGX S.A. (66.6%) and MPX Energia S.A.

Schlumberger Solutions Tailored for Deepwater Subsalt Well Intervention

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on December 10, 2009

The challenges facing the exploration and subsequent production phase in the deepwater subsalt fields are extensive. The cost involved in deepwater E&P can get to a point where it isn´t financially atractive in terms of profit margins. One of…

BG Group considers potencial in Brazilian pre-salt to be high

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on November 10, 2009

In September 2009, BG Group announced that the Guara discovery (BM-S-9), in the Santos basin, where BG Group has 30% is estimated to contain recoverable volumes of 1.1 to 2.0 billion BOE. To speed up the necessary developments at Guará, all…