Repsol makes gas discovery in Peru

Repsol has made a new gas discovery in block 57 in Peru. The well, known as Sagari, was successful in two different formations, known as Nia Superior  and Nia Inferior.

Preliminary estimations indicate the field may hold between 1 and 2 trillion ft3 of gas resources. Repsol is the operator of the block with a 53.84% stake. Petrobras holds the remaining 46.16%.

The Sagari find reinforces the potential of this area in Peru, home to the Repsol’s Kinteroni find, one of the five biggest discoveries made worldwide in 2008 and currently under accelerated development with first gas planned for the end of 2012.

Production tests carried out at depths of between 2691 and 2813 m produced gas flows of 26 million ft³ of gas with 1200 bpd of condensate in one formation, and 24 million ft³ of gas with 800 bpd of condensate in the other. The sum of both tests indicates about 11,000 boepd.

Repsol plans to carry out further exploration in the block once the production tests are complete.

Adapted form press release by Peter Farrell.

Read the article online at: https://www.oilfieldtechnology.com/exploration/07092012/repsol-discovers-gas-in-block-57/