ONGC Videsh in oil & gas discoveries in Brazil and Colombia

ONGC Videsh, international business of the Indian oil company ONGC, has announced two discoveries in Brazil and Colombia.

The company on Wednesday said it had made a major gas discovery at the Moita Bonita-2 well in the deepwater block BM-SEAL-4, Brazil in the Sergipe Alagoas Basin.

Petrobras as operator of BM-SEAL-4 consortium with ONGC Videsh, completed drilling of the well Moita Bonita-2 in deep offshore Brazil located in the Moita Bonita Area (block BM-SEAL-4) at a water depth of 2629m and encountered gas-bearing sand of total thickness of 39m at the depth of 5227m and oil-bearing sand of total thickness of 24m at deeper depths.

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