Carmopolis:
Brazil’s largest onshore field
In production since 1963, STOIP = +1.3 Bn Bbl
Production to date = 300 mBbl, currently 25,000 Bbl/day
ERH estimates that 15 to 20% of this from fractured basement play
Oil = 26 deg API
Angelim:
In production since 1968
17 Production wells
This is the part I like from the announcement, bottom of page 2.
Anyone ran a ruler over ERH yet.
Guess a few will be waiting for the flow rates might be a tad late by then.