Brazilian firm makes oil find

Arab Herald (IANS) Sunday 5th February, 2012

State-controlled energy giant Petrobras announced the discovery of an oil and natural gas accumulation in the Solimoes basin of Brazil's Amazon region.

The find was made during drilling of the Leste do Igarape Chibata well in Coari, a town in Amazonas state located 25 km from the so-called Urucu oil province.

Drilling reached a final depth of 3,295 meters.

Tests indicate the find has the capacity to produce 1,400 barrels per day of good-quality light oil and 45,000 cubic meters per day of natural gas, Petrobras said Friday.

--IANS/EFE

rd

Share this article:
  • Google
  • Twitter
  • Facebook
  • LinkedIn
Back to Arab Herald

Comments

  • No comments yet for this story

  • Have your say

    • CAPTCHA Image

    • By submitting your comment you agree to our terms and conditions

    Featured Story

    WASHINGTON - Al-Qaeda chief Ayman al-Zawahiri has called upon people in Saudi Arabia and Yemen to rise up against their rulers.

    In a video posted on the internet, the Al-Qaeda ...

    Record Your Vote

    Do you agree with U.S. President Barack Obama's support for gay marriage?

    View results

    On Facebook

    They said it

    Four days ago marked two decades since Ratko Mladic became the commander of the main staff of the army of Republika Srpska - the VRS. On that day, Mladic began his full participation in a criminal endeavour that was already in progress. On that day, he assumed the mantle of realising through military might the criminal goals of ethnically cleansing much of Bosnia. On that day he commenced his direct involvement in serious international crimes.

    Dermot Groome

    The prosecuting counsel of the War Crimes tribunal convened to hear charges against Gen. Ratko Mladic was making his opening comments at the hearing.