Sonangol Starfish finds traces of oil in Brazil’s pre-salt layer

27 January 2012

Sao Paulo, Brazil, 27 Jan – Sonangol Starfish has made its first discovery of traces of oil in the sea, in Brazil’s Campos Basin, in a block that had already been unsuccessfully drilled, the company said in a statement sent to the National Oil Agency (ANP).

The discovery was made in the pre-salt region of the block, where traces of oil were found in two separate reserves.

Sonangol Starfish, the name chosen after the acquisition of Brazilian company Starfish by Angola’s Sonangol, in 2010, is Brazil’s sixth-largest oil producer according to the ANP, with 832 barrels of oil per day and 1.6 million cubic metres of natural gas.

In the first 23 days of January 11 oil discoveries in Brazil’s oil basins have been recorded on the ANP website, five of which by Brazilian company Petrobras and the remainder by private companies.

Before its acquisition by Sonangol Starfish was made up of former Petrobras employees and produced onshore oil, mostly in the Guanambi oil field in Bahia, which produces around 200 barrels of oil per day. (macauhub)