OGX Receives Operating License for Production in Waimea

Source: www.gulfoilandgas.com 1/2/2012, Location: South America

OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, has received from IBAMA (the Brazilian Institute for Environment and Renewable Natural Resources) the Operating License authorizing the operation of FPSO OSX-1 and the respective subsea structures related to the Extended Well Test (EWT) and the Production Development of the Waimea accumulation, in the BM-C-41 block in the Campos Basin.

With subsea equipment already installed and the requisite inspections from the respective governmental bodies completed, the FPSO OSX-1 is now being prepared to travel to the EWT location and to be connected with the production system for the beginning of the EWT which is currently anticipated to take place on January 23, 2012.

The Waimea accumulation, which is located in the shallow waters of the Campos Basin, was discovered through wildcat well OGX-3 on December 18, 2009. The EWT, which is expected to begin in an exceptionally short timeframe – approximately two years after the discovery was made – will be performed utilizing the existing OGX-26HP horizontal well.


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Related Categories: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 

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