Statoil has completed its first multilateral well offshore Brazil as part of the company's increased oil recovery (IOR) efforts at the Peregrino field. This is the first multilateral well in Brazil with gravel pack in both branches.
"Statoil has used this technology to reach world-leading recovery factors on the Norwegian continental shelf and now we are bringing it to Brazil to increase recovery and boost value creation at the Peregrino field," says Kjetil Hove, country president for Statoil in Brazil.
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