ExxonMobil preparing to drill seventh well

Mar 26, 2017 News

US firm, ExxonMobil, is preparing to drill its seventh well in the Stabroek Block offshore

Aboard the Stena Carron

Demerara.
In an advertisement published in Saturday’s edition of the Kaieteur News, the Maritime Administration Department (MARAD) stated that ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) will commence a drilling programme at the Liza-4 well site within the Stabroek Block of the Guyana Maritime Zone. The programme is scheduled to last for a six-month period.
The operation will utilise the following vessels: Stena Carron, M/V Fast Hauler, M/V Dante, M/V Hannah Chouest and HOS Commander.
The drill site is approximately 102 nautical miles from the coast of Guyana and covers an area of one square kilometers.
All mariners are required to stay clear of these vessels and navigate with caution when in this vicinity.
Last month, the MARAD published a similar advertisement to inform mariners of EEPGL intention to begin a drilling programme at the Snoek-1 well site located also within the Stabroek Block.
Back in May 2015, ExxonMobil announced a huge oil find in the Liza-1 well and encountered more than 295 feet (90 metres) of high-quality oil-bearing sandstone. With the second well on the block, Liza-2, the company confirmed the finding as “significant,” with a potential recoverable resource of 800 million to 1.4 billion barrels of oil equivalent.

The Stena Carron that will be part of the drilling programme.

Drilling operations on ExxonMobil’s Skipjack prospect, the company’s third well in the Stabroek Block offshore Guyana, yielded disappointing results. It was reported that the company did not find commercial quantities of hydrocarbons within that well.
The Liza-3 appraisal well was subsequently drilled to a total depth of 18,100 feet in 6000 feet of water on a location about 2.7 miles from the Liza-1 discovery.
The well hit around 200 feet of net pay “in the same high-quality reservoirs” as the first two Liza wells, according to ExxonMobil partner Hess, which further solidified the potential recoverable oil in the reservoir.
The Payara-1 well, located approximately 10 miles (16 kilometers) northwest of the Liza-1 discovery, was drilled by EEPGL, and encountered more than 95 feet (29 meters) of high-quality, oil-bearing sandstone reservoirs. The well was safely drilled to a depth of 18,080 feet (5,512 meters) in 6,660 feet (2,030 meters) of water.
Meanwhile, the RV Furgo Explorer will commence a geotechnical survey on behalf of the EEPGL, within the Stabroek Block of the Guyana Maritime zone. This exercise is scheduled for a period of six months.
The Stabroek Block is 6.6 million acres (26,800 square kilometers).
The EEPGL is the operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and China National Offshore Oil Corporation Nexen Petroleum Guyana Limited holds 25 percent interest.

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