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OGX Petroleo e Gas Participacoes SA Announces Operation of TBAZ-1HP Well

Friday, 4 Jan 2013 07:08am EST 

OGX Petroleo e Gas Participacoes SA announced that it concluded the connection and divided the third productive well in the Campo de Tubarao Azul, TBAZ-1HP, in the Campos Basin on December 31, 2012 which had been in the process of cleaning and adjustment, and has commenced production as of January 4, 2013. Before the beginning of the operation of TBAZ-1HP, FPSO OSX-1 produced the average of 10,000 barrels of oil equivalent per day, connected to two producing wells OGX-26HP and OGX-68HP. The TBAZ-1HP has a horizontal extension of 1,200 meters and is located three kilometers from the two first wells. 

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