Itacoatiara
OIL & GAS FIELD
Field Name Itacoatiara, OGX-79 Discovery Date Apr 2012
Block BM-C-39 Reserve Type Oil
Current
Status
Discovery (Drilled) Production Start
Water Depth 102 m / 337 ft
 
 
Description
 
The Itacoatiara field is located in the BM-C-39 block in the shallow waters of the Campos Basin in a water depth of 335 feet (102 meters). OGX wholly owns and operates the block.

OGX has identified the presence of hydrocarbons in carbonate reservoirs in the Albian section of well 1-OGX-79-RJS. A hydrocarbon column of approximately 492 feet (150 meters) was encountered in carbonate reservoirs of the Albian section with about 210 feet (64 meters) of net pay. The drilling of well OGX-79, known as Itacoatiara, was concluded, reaching a final depth of 6,660 feet (2,030 meters).

Drill stem tests will be conducted to obtain more information on this accumulation.
 
Activities
 
OGX Strikes Again in Shallow Waters of Campos Basin
Date: Apr. 2012
Type: New Discovery
OGX has identified the presence of hydrocarbons in carbonate reservoirs in the Albian section of well 1-OGX-79-RJS in Block BM-C-39 in the shallow waters of the Campos Basin. A hydrocarbon column of approximately 492 feet (150 meters) was encountered in carbonate reservoirs of the Albian section with about 210 feet (64 meters) of net pay. The drilling of well OGX-79, known as Itacoatiara, was concluded at a final depth of 6,660 feet (2,030 meters). OGX said the Itacoatiara accumulation (OGX-79) expands the Waikiki Complex, and together with the Tubarao Martelo field and Pero and Inga accumulations. Drill stem tests will be conducted to obtain more information on this accumulation. The proximity of Itacoatiara accumulation to the other Waikiki Complex accumulations, a distance of about 2 miles (4 kilometers), facilitates their integration and development, in addition to accelerating the monetization of the discovered resources. The ENSCO 5004 (mid-water semisub) drilled the well in a water depth of 335 feet (102 meters).
 
Status History
 
Itacoatiara, OGX-79

Discovery (Drilled) - Apr 26, 2012 to -
OGX completed the drilling of a wildcat well in the Itacoatiara accumulation, OGX-79, in which we found 64 meters of net pay in the Albian section.