OGX initiated in January 2012 its first Extended Well Test (EWT), in the Tubarão Azul field (Waimea), in the Campos Basin, taking the first step in a process of growth in the oil production from its areas. The company became the first private sector operator to produce oil offshore Brazil. OGX reached this milestone in record time for the oil industry, only two years after the discovery of the Waimea accumulation. Check out the videos of OGX’s saga on its way to first oil production.
The next production project to be initiated in the Campos Basin by OGX will be in Tubarão Martelo field (Waikiki accumulation), expected to 2013.
In the fourth quarter this year, OGX will begin natural gas production in the Parnaíba Basin. This will be the first production project developed in this basin, opening a new production area in Brazil. Watch the video and find out more about OGX’s production Project in the region.