Project Profile
Value: Undisclosed
Location: Southern Santos Basin offshore Brazil
Start-up Year: -
The Canario prospect is situated in the BM-S-63 block in the southern Santos Basin offshore Brazil. Panoro Energy holds a 15 percent ownership in the block. The partners are Vanco (Operator, 70 percent) and Brasoil Round 9 Exploracáo Petrolifera Ltda (15 percent).The well will be drilled by the GSF Arctic I (mid-water semisub). The primary reservoir target for this well is the Santonian siliciclastic sandstones. The partners are expecting to encounter light oil with recoverable volumes estimated at 231 MMboe.
Operators:
Vanco: Operator with 70% interest
Panoro Energy: 15% interest
Brasoil Exploracáo Petrolifera Ltda: 15% interest
Contractors:
Transocean: Drilling contractor