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Pre-Salt Oil and Gas News

Petrobras Investments

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30 Mar 2010 - by PreSalt.com - Source: Agencia Petrobras

Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) informs that the Board of Directors (BOD), approved today, the revision of the project portfolio for the 2011-2014 period, with total investments of up to R$ 250 billion, instead of the R$265 billion approved during a previous meeting and announced in a statement on March 19 2010.

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Update 1 - Extremely high level of productivity of BM-S-11

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25 Mar 2010 - by PreSalt.com - Source: Agencia Petrobras, PreSalt.com & BG Group

Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) announces that the formation tests of well 3-RJS-662A (3-BRSA-755A-RJS), located in the pre-salt (subsalt) Tupi Assessment Area, within ultra-deep waters of the Santos Basin, have been completed and confirmed an extremely high level of productivity from the carbonate reservoirs of the pre-salt layer in this area.

Last Updated on Thursday, 25 March 2010 05:59 Read more...
 

Petrobras Director presented opportunities of the pre-salt

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24 Mar 2010 - by PreSalt.com - Source: Agencia Petrobras

In a conference held yesterday (24 / 3), the Brazilian Institute of Finance Executives - IBEF, in Rio de Janeiro, the director of exploration and production at Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA), Guilherme Estrella, presented opportunities for the scientific, technological, and industrial are offered by the oil and gas discovered in the Brazilian pre-salt (sub-salt).
Last Updated on Wednesday, 24 March 2010 07:07 Read more...
 

New discovery in Gulf of Mexico – Vito appraisal

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23 Mar 2010 - by PreSalt.com - Source: Statoil

Statoil USA E&P Inc. (OSE: STL, NYSE: STO) announces that the Shell (NYSE:RDS.A) operated Vito appraisal well in deep water Gulf of Mexico has encountered more than 600 net feet of high-quality oil pay in thick pre-salt (subsalt) Miocene sands.

This sidetrack appraisal well, which is located in Mississippi Canyon block 940, is more than one mile from the 2009 Vito discovery well. Statoil holds a 25% working interest in the block.

Last Updated on Tuesday, 23 March 2010 09:19 Read more...
 

Petrobras announces clarification about capitalization process

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24 Mar 2010 - by PreSalt.com - Source: Agencia Petrobras

Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) clarifies that, as the Relevant Fact published on August 31, 2009 on proposed changes in exploration and production of oil and natural gas, and in relation to the Bill - which deals with the PL Costly Transaction and capitalization of the Company within the regulatory framework surrounding the activities in the pre-salt (subsalt), specifically:

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Extremely high level of productivity of the pre-salt layer of BM-S-11

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24 Mar 2010 - by PreSalt.com - Source: Agencia Petrobras & PreSalt.com

Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) announces that the formation tests of well 3-RJS-662A (3-BRSA-755A-RJS), located in the pre-salt (subsalt) Tupi Assessment Area, within ultra-deep waters of the Santos Basin, have been completed and confirmed an extremely high level of productivity from the carbonate reservoirs of the pre-salt layer in this area.

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Pre-Salt BM-S-12 Block will be explored in the second half

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23 Mar 2010 - by PreSalt.com - Source: Agencia Petrobras

The exploratory activities of Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) this year also include the drilling of the SCS-13, located east of Tire and Sidon, in the pre-salt Block BM-S-12, over the second quarter of 2010. The drilling activity already done in this well indicated the presence of hydrocarbons and potential in the pre-salt region, which is the goal of this new drilling. The results are expected in the second half.

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