Filed from Houston
9/11/2007 6:30:23 PM GMT
BRAZIL: Shell Brasil Ltda. is seeking a partner to join them in drilling what Shell called “a major exploration prospect offshore deepwater Brazil. The BMC 31 concession is located in an established productive oil fairway – two of the largest oil fields in Brazil, Roncador and Albacora Leste, are in adjacent blocks.”
The primary prospect is a large, three-way dip closure against a salt ridge in the Campos Basin. The play concept has been successfully tested in the area, providing a direct analog for the prospect. Additional prospects in other play types provide upside potential, including a pre-salt target, which is analogous to two discoveries. Petrobras is the operator of BMC 31, and multiple production options are available through nearby infrastructure.
http://www.energycurrent.com/index.php?id=2&storyid=5154
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