Exploration & Production | Discoveries | Exploration & Appraisals
Pacific Rubiales Makes Discovery Offshore Brazil
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Pacific Rubiales Energy Corp. has announced that a 213 meter (699 foot) gross oil column has been confirmed in the Echidna-1 exploration well from wireline pressure data measured across the Paleocene and Maastrichtian aged reservoir intervals. Oil samples recovered on wireline measured 39.5° API with a GOR of 750 cf/bbl.
The Echidna Prospect is located in exploration Block S-M-1102, approximately 20 kilometres north-east of Kangaroo on the eastern flank of a salt diapir in a similar geological setting to the Kangaroo oil discovery. The Company has a 35% participating interest in the block with block operator Karoon Gas Australia Ltd. holding the remaining 65% interest and is operator.
Drilling operations for the Echidna-1 well began on March 31, 2015 and the well reached the planned total…
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