UK-based Tullow Oil has identified four prospects in the north-east corner of the Orinduik block, which could be developed as a cluster with the Jethro-1 well discovery. They are the untested Jethro Channel prospect, two other Tertiary prospects, and possibly ExxonMobil’s Prospect 17 which may be contiguous to the Jethro Lobe in the Stabroek block.
The Guyana Standard understands that the extension of an active, mappable oil play outside of Stabroek also bodes well for other operating groups exploring the Guiana Basin in the third quarter of 2019. Of note are Repsol which will test the Carapa Cretaceous oil play on its Kanuku block and Apache which will investigate the Maka prospect on Block 58 in Suriname.
Tullow was awarded the Orinduik licence in 2016. The working interest is split between Tullow Guyana B.V. (60% + Operator status), with Total Exploration and Production Guyana B.V. (25%) and Eco (Atlantic) Guyana Inc. (15%).
The UK Company is now preparing to drill the Joe prospect, which is an Upper Tertiary Target as it is in shallow water. It is estimated to take about a month to drill.
