BG Group starts test drilling in Brazil

Oil and gas giant BG Group has started test drilling in the Iracema area of the BM-S-11 concession in the pre-salt Santos Basin off the coast of Brazil.

Oil and gas giant BG Group has started test drilling in the Iracema area of the BM-S-11 concession in the pre-salt Santos Basin off the coast of Brazil.

The floating production, storage and offloading vessel (FPSO) Cidade de So Vicente was connected to the RJS-647 well, in water depths of 2,212 metres, and will remain in the area for around half a year, gathering technical information on reservoir behaviour and oil flow in the sub-sea lines.

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up
Latest Videos FromMoneyWeek
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.