STXNEWS LATAM-Petrobras, BG, Repsol start new Sapinhoa oil well
Brazil's Petroleo Brasileiro SA and its partners began production from a new well in its Sapinhoa offshore deepwater field, the state-led oil company best known as Petrobras said in a securities filing on Thursday. The well began output at a rate of 33,000 barrels a day on Tuesday. The field, one of the first in Brazilian deep water to use rigid steel pipe rather than flexible hose-like "risers" to tap a well, is 45 percent owned by Petrobras, 30 percent by Britain's BG Group Plc and 25 percent by Spain's Repsol SA in partnership with China's Sinopec.
© Thomson Reuters 2016 All rights reserved.