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Energy Shell farming out BMC 31 interest

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. and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

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