RIO DE JANEIRO, Sept 15 (Reuters) - A second exploration oilwell at Brazil's Libra field will be drilled this month, themanaging director for Total SA in Brazil told Reuterson Monday.
Drilling on the first well began in August.
"We need to drill more wells to confirm the actual natureand size of the field," Denis Besset, managing director of TotalBrazil, told Reuters on the sidelines of a conference in Rio deJaneiro.
The Libra consortium is led by state-run oil firm PetroleoBrasileiro SA, or Petrobras, with a 40 percent stake.Total and Royal Dutch Shell Plc both have 20 percent while China's National Petroleum Corp and CNOOC have 10 percent each.
Brazil oil agency ANP has said Libra is the biggest oilreserve discovered in the South American country, holding anestimated 8 billion to 12 billion barrels of crude oil. (Reporting by Jeb Blount and Marta Nogueira; Writing by StephenEisenhammer; Editing by Tom Brown)