Bharat Petroleum Corporation’s (BPCL) wholly owned subsidiary, Bharat Petro Resources (BPRL) has informed that Petrobras, Operator of the block SEAL-M-426 in BM-SEAL-11 Concession, Brazil, has reported discovery of hydrocarbons during the drilling of the first appraisal well 3-SES-176D (3-BRSA-1178D-SES), informally known as ‘Farfan 1’, located in the concession area BM-SEAL-11, Block SEAL-M-426 in ultradeepwaters of the Sergipe Basin.
The results obtained in this well confirm the extension of the light oil reservoirs previously discovered in the ‘Farfan’ discovery well within turbidite sandstones of Upper Campanian age (Calumbi Formation).
The ‘Farfan 1’ appraisal well is located 104 km from the city of Aracaju, about 5 km from the earlier discovery well ‘Farfan’ and at a water depth of 2476 meters. The well encountered a reservoir with gross pay thickness of 51 meters (measured depth), with good porosity and permeability.
The well is currently under drilling which will be followed by a drill stem test (DST) to confirm the flow potential of the reservoir. The consortium plans to continue with the Discovery Assessment Plan, under approval by the Brazilian Regulatory Agency, ANP.
Petrobras is the operator of the concession BM-SEAL-11 with 60% interest in partnership with IBV Brazil (a 50:50 Joint Venture Company, formed by wholly owned subsidiaries of Bharat PetroResource and Videocon Industries) holding the remaining 40%.
