During a 2-hour stabilized flow test, Karoon Gas Australia’s Echidna-1 exploration well produced oil at a rate of 4,650 B/D with a flowing wellhead pressure of 504 psig offshore Brazil. Samples recovered showed the presence of 38.6 °API gravity crude oil. Located in Block S-M-1102 in the Santos basin, the well intersected 104 m of net oil pay in Paleocene and Maastrichtian aged reservoirs. Karoon (65%) is the operator with partner Pacific Rubiales Energy (35%).
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