Project Profile
Value: US$2,000 million
Location: Campos basin
Area: 1,177 km² (290,843 acres)
Start-up Year: 4Q 2013 (BM-C-40) other blocks expected production in 1Q 2014
Reserves: 2.562 billion barrels of oil
The exploration drilling project includes four blocks in the Campos basin, where OGX has concession rights in the other three blocks, comprising a total acreage of 1,177 km² (290,843 acres). The exploration blocks contain net risked prospective resources of total 2.562 billion barrels of oil.
The blocks areas are as follows:
BM-C-37 - 177 km²
BM-C-38 - 177 km²
BM-C-40- 124 km²
BM-C-42- 177 km²
Operators:
OGX: 70% interest in BM-C-37 and BM-C-38, 60% interest in BM-C-40 and 100% interest in BM-C-42
Maersk Brasil Brasmar Ltda: 30% interest in BM-C-37 and BM-C-38
PETRONAS Brasil E&P Limitada: 40% interest in BM-C-40
Contractors:
DOF Group: Hull 25 drillship
Diamond Offshore: Drillship Ocean Ambassador and Ocean Lexington
Edison Chouest Offshore: PSV\'s
Ensco: Drilling semisub Ensco 5004
Queiroz Galvao: Operate the Alaskan Star (SS-39) drillship