Shell Sees Significant Oil Discovery in Albania
Shell Upstream Albania B.V. said on Friday initial tests showed "a flow potential of several thousand barrels of oil per day" from its Shpirag 4 well in central Albania, and it needed more work to determine its commercial volume."We are pleased that these initial tests have…
Petrobras Proves Potential of Moita Bonita
Petrobras announced that the third well drilled in the Sergipe-Alagoas Basin’s Moita Bonita area, in Concession BM-SEAL-10, has proved the extension of the gas and light oil discovery made in that area, as released to the market on August 24, 2012. This well, informally known as Moita Bonita 3 (3-BRSA-1244-SES / 3-SES-182)…
