Karoon discovers oil at Kangaroo-2 appraisal well, offshore Brazil
Karoon Gas Australia has identified oil in five separate zones in the Kangaroo-2 appraisal well in the Santos basin, offshore Brazil.
A 90m gross oil bearing reservoir has been uncovered at Palaeocene section with a net to gross of more than 70% and porosities in the range 26% to 34%.
Three separate oil columns were also are identified with a GOR of 500 scf/bbl.
Karoon discoverer a higher 85m gross oil reservoir interval, a net to gross of more than 60% and porosities in the range 22% to 26% as well as lower oil bearing reservoir interval has a thickness of 75m, a net to gross of 25% and porosities in the range of 21% to 25% at Maastrichtian section.
Oil recovered from the Maastrichtian reservoirs is anticipated to have a GOR range of 550 scf/bbl to 700 scf/bbl, the company said.
Karoon Gas Australia operates and holds the remaining 65% stake in the wells and five surrounding blocks while the remaining 35% interest in owned by Pacific Rubiales Energy.
Located in block S-M-1165, about 300m updip and 4km South from Kangaroo-1, the Kangaroo-2 appraisal well is the initial well in the existing Santos Basin exploration and appraisal drilling campaign, which is planned to continue through first half 2015.
- Published on:
- November 27, 2014
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