The company has also has identified excellent production index (PI) of 100m³/day/kgf/cm², similar to results obtained in the best wells in the country, through a drill-stem test (DST).

Currently, the well is being equipped to perform an extended well test (EWT), which is expected to register oil flowrate of up to 20,000 barrels per day, and a higher flow rate during its definitive development phase.

This result surpassed initial expectations related to the Waimea accumulation and provides a solid foundation for the initiation of OGX’s production phase.

This well is located in the BM-C-41 block in the Campos basin and will be connected to the FPSO (Floating Production Storage & Offloading) OSX-1 during the EWT, which will begin in the middle of 2011.

Following the conclusion of the drilling process, a drill-stem test was performed, which confirmed production potential of 40,000 barrels per day of oil with gravity of approximately 20 degrees API.