Anadarko announces oil discovery in Brazil
U.S. oil company Anadarko Petroleum Corp. and Devon Energy Corp has announced an oil discovery in the Campos Basin in southeastern Brazil.
The field, nicknamed Anadarko, was discovered by a consortium of four companies, of which Woodlands-based Anadarko holds a 30 percent working interest in the field. Devon, with headquarters in Oklahoma City, has a 25 percent interest. The other two are India’s EnCana and South Korea’s SK Energy.
It is the first time a foreign company other than Brazil’s state-owned oil and gas giant Petrobras announced an oil discovery in the country’s pre-salt layer fields.
The Wahoo field, off the coast of Espirito Santo state, is 40 km away from the Jubarte mega oil field, which is Brazil’s first producing pre-salt well.
Oil reserves in the Wahoo field are yet to be estimated. Preliminary results at Wahoo indicate similar characteristics to the Jubarte well.
The capacity of the Jubarte field has been estimated at 4 billion barrels of crude.