Press Esc to close



For full content view: Log in Now!

  • Oil and gas in the capitals

    Dayse Abrantes, Contributing Editor

    Lightning struck again in the Santos Basin offshore Brazil, when state-owned oil company Petroleo Brasileiro SA (Petrobras) announced on January 21 that a huge pre-salt natural gas and condensate field was found in Block BM-S-24. According to some experts, the size of the new reserve, dubbed Jupiter, could match the giant pre-salt Tupi Field discovery disclosed in November 2007 in Block BM-S-11. Petrobras estimates that Tupi’s recoverable 5-8 billion boe will move the country into the top category of oil producers. Oil analyst Marc McCarthy at Bear Stearns said Jupiter could turn Brazil into a natural gas exporter, which is “bad news for Bolivia.” That neighboring country supplies about 50% of the nearly 1.6 Bcf (46 MMcm) of gas Brazil consumes every day. Petrobras reduced investments in Bolivia due to the nationalization of the oil and gas sector there in 2006. Compensation was negotiated for two refineries the company lost in Bolivia.

This area of the site is restricted. In order to gain access, please either Log In, or subscribe to World Oil.

Two options are available to you for creating an account.

1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.

Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.

Free Trial

2. Purchase a subscription to World Oil magazine and gain immediate and complete access to World Oil Online. As a Total Access subscriber you will have access to all areas of the site available to registered users and free subscribers as well as having access to such premium content areas as:

  • The Archives section containing over ten years of complete magazine archives,
  • The WO DataHub's engineering tables and directories,
  • The World Oil annual forecasts, including past predictions,
  • Select World Oil technical handbooks,
  • And much, much more!


Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.

If you are already a paid subscriber and do not have access, please email



Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.


2013 Fracturing Technology

2013 Fracturing Technology