New well confirms light oil in southern Tupi area, Santos Basin, offshore Brazil

New well confirms light oil in southern Tupi area, Santos Basin, offshore Brazil

BG Group has today confirmed that the ninth Tupi well, designated as 3-BRSA-854-RJS (3-RJS-678) and informally known as Tupi SW, was successful.

The well was drilled at a water depth of 2 152 metres, approximately 295 kilometres off the coast of Rio de Janeiro State, and 11 kilometres southeast of well 3-RJS-646 (3-BRSA-496), where drill stem testing is being conducted in pre-salt reservoirs.

Oil samples taken during wireline tests in well 3-RJS-678 confirmed the presence of a light (approximately 28 degree API) oil accumulation. The well encountered a 128-metre reservoir section and located the oil/water contact in the Tupi accumulation at the deepest of the potential depths previously being considered, further reducing uncertainty in estimating hydrocarbon volumes for the Tupi area.

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Notes to Editors:
BG Group plc (LSE: BG.L) is a world leader in natural gas, with a strategy focused on connecting competitively priced resources to specific, high-value markets. Active in more than 25 countries on five continents, BG Group has a broad portfolio of exploration and production, Liquefied Natural Gas (LNG), transmission and distribution and power generation business interests. It combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves.
For further information visit: www.bg-group.com

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