Russia’s Rosneft is accelerating its plans in Brazil and has signed with Queiroz Galvão Oil and Gas (QGOG) to charter a drilling rig, which will be operated by the Brazilian company in partnership with Schlumberger in the Russian company’s Solimões blocks, in the Amazon region.
The foreign group’s forecast is to start the first drilling on January 9, 2017, marking a new phase of the company’s exploration operations in Brazil, with a plan to drill at least two wells to assess the geological data and confirm the potential of the area .
Rosneft has 18 blocks in the Solimões Basin, covering a total area of 37,000 square kilometers, with 11 discovered accumulations and estimated reserves of 666 million barrels of oil equivalent, 95% of which are natural gas. The assessments indicate that there is an even greater potential for resources, but with a lower degree of certainty, that could increase reserves by 371 million barrels of oil and 191.7 million cubic meters of natural gas.
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