Anadarko Petroleum announces pre-salt discovery offshore Brazil

Oct 02, 2008 (Datamonitor via COMTEX) -- APC | Quote | Chart | News | PowerRating -- Anadarko Petroleum, an oil and gas exploration and production company, has announced a pre-salt discovery at the Wahoo prospect offshore Brazil in the Campos Basin.

The 1-APL-1-ESS well is located on block BM-C-30 in approximately 4,650 feet of water approximately 25 miles southeast and syncline separated from Petrobras's previously announced pre-salt discoveries at the giant Jubarte field.

Preliminary results at Wahoo, based on wireline logs, indicate at least 195 feet of net pay with similar characteristics to the nearby Jubarte 1-ESS-103A well, a producing pre-salt field having recently achieved reported initial rates of approximately 18,000 barrels per day of light oil.

Bob Daniels, senior vice president of worldwide exploration at Anadarko, said: "Our first operated pre-salt test in Brazil is a resounding success as we're seeing data that mirrors other very significant pre-salt discoveries in this prolific area. It's still early in the process, and we plan to continue drilling toward additional targeted objectives to a total depth of approximately 20,000 feet."

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