Offshore staff
MUMBAI, India -- Reliance Exploration and Production (REP) and Ecopetrol are farming into Borojo North block 42 and Borojo South block 43 offshore Colombia. Subject to government approval, Ecopetrol will acquire a 20% stake in the blocks while REP will retain 80% and operatorship.
The two deepwater blocks cover approximately 8,000 sq km (3,089 sq mi) in water depths ranging from 60 m to 1,500 m (197 ft to 4,921 ft). REP has acquired and processed 3,000 line km (1,864 mi) over the area. The company is scheduled to begin multi-beam bathymetry studies covering both blocks.
12/04/2009
