HRT Discovers Hydrocarbons in 1-HRT-5-AM Well

Source: www.gulfoilandgas.com 3/15/2012, Location: South America

HRT Participaçoes em Petroleo S.A announces that its subsidiary HRT O&G Exploraçao e Produçao de Petroleo Ltda. ("HRT O&G") submitted to the National Agency of Petroleum, Natural Gas and Biofuels (Agência Nacional do Petroleo, Gas Natural e Biocombustiveis – ANP), Notice of Discovery of gas in the well 1-HRT-5-AM.

Based on logging data, hydrocarbon shows in cuttings, gas detectors and wire line formation test, reservoirs with two gas-bearing intervals were observed in the Jurua Formation, with net pay of 14.4 meters, both with good porosity and permeability.

“The success of this exploration well confirms the existence of a structural trend with more than 90 km extension, located at 20 km south of the Jurua cluster (concessions owned by Petrobras). The discovery revealed the possibility of the existence of a new gas province in the blocks SOL-T-191, 192, 169 and in the southeast of the block 170, reaffirming the gas potential in the western areas of concessions the HRT O&G holds in the Solimoes Basin. This is one more important milestone in the Solimoes Basin, in the Amazonas energy scenario and, with no doubt, in our history.” commented Marcio Rocha Mello, HRT’s CEO.

The well was spudded on December 27, 2011 and reached a final depth of 2,962 meters, reaching pre-Devonian sedimentary rocks. The well is presently under evaluation and will be cased in order to perform formation tests, with a view to characterize the production potential of the reservoirs. The well 1-HRT-5-AM is located in the Municipal District of Tefé, in the State of Amazonas, and it was drilled by the Queiroz Galvao drilling rig QG-VIII.


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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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