Ministry of Commerce of the People's Republic of C : Sinopec prospects Brazil oilfield with 5,000-barrel daily output
06/27/2012| 05:14pm US/Eastern
China Petrochemical Corporation (Sinopec), one of China's
oil giants, announced Monday that the group has prospected an
oilfield in Brazil with a daily output of 5,000 barrels of oil
and 810,000 cubic meters of natural gas. h The well site called
Pao de Acucar lies in the BM-C-33 oilfield zone in Campos
Basin, Brazil. The well was drilled from Aug. 8, 2011, to Jan.
10, 2012, and subsequent testing finished on Feb. 18, 2012.
The prospecting work was operated by Sinopec and Repsol, a
Spanish oil giant.