OGX – Intensifying Discovery Appraisals and Planning on ordering 3 more FPSOs
Claudio Paschoa
June 21, 2013
Paulo Mendonça, CEO of OGX stated that the first quarter of 2011 was very important for the Brazilian operator. OGX has been intensifying the campaign to appraise its discoveries in the Campos basin, where 16 wells have been spud since the beginning of the year, of which 10 are appraisal wells for the accumulations Waikiki, Pipeline and Illimani (Campos Basin) and Fazenda São José (Parnaíba Basin), with the intent of converting 3C contingent resources into 2C and 1C, and thereafter into reserves. -Delivering the vital and time sensitive declaration of commerciality to ANP (National O&G regulator), related to the discoveries in Campos, Santos and Parnaíba Basins.