Brazil Encounters Optimum Quality Oil
Brazil’s State owned oil company Petrobras has announced the discovery of a 208-meter reservoir containing high quality oil in the Buzios oilfield.
Brazil’s State owned oil company Petrobras has announced the discovery of a 208-meter reservoir containing high quality oil in the Buzios oilfield.
The company encountered a commercial oil accumulation of approximately 135 feet of net heavy oil at a depth of 4,665 feet. The well was brought online at a steady average of roughly 315 barrels per day (b/d).
Eni has made a new oil discovery in Egypt's Faghur basin, located in the Western Desert.
SDX Energy has announced a new oil discovery at the Rabul 4 well, located in Egypt’s West Gharib Concession.
SDX Energy Corporation has announced making a new oil discovery at the Rabul 5 well, located in Egypt’s West Gharib concession.
Kuwait Energy Company announced an oil discovery in the Area A concession, located in Egypt's Eastern Desert.