Brazil's Carcará oil prospect could see 35,000 boepd flows -QGEP

RIO DE JANEIRO Thu Jan 3, 2013 9:43am EST

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RIO DE JANEIRO Jan 3 (Reuters) - Wells in the Carcará offshore oil prospect owned by Brazil's Petroleo Brasileiro SA , Barra Energia and QGEP and Portugal's Galp Energia SGPS SA could have oil and natural gas flows of about 35,000 barrels a day when in production later this decade, QGEP said in a conference call Thursday.

Executives of Queiroz Galvao Exploracao e Producao SA , as QGEP is formally known, said the amount of oil and potential flows in the area are similar to those of the giant Lula field nearby.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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