Even though the Orinduik Block has similar play types like the ExxonMobil operated Stabroek Block, Tullow Oil says there will be no rush to drill for the highly sought after sweet, light crude.
This was noted by Tullow’s partner on the block, Eco Atlantic Oil and Gas which holds a 15 percent working interest. According to Eco Atlantic, Tullow (which is the operator of the block) wants further fine tuning analysis of the upper Cretaceous reservoirs. To date, 11 of Exxon’s 16 discoveries in the Stabroek Block have been in the Cretaceous play (older rocks).
Along with the fine tuning, Tullow wants to incorporate the data gathered from its Carapa well in the Kanuku block into Orinduik’s existing geological models and technical analysis over the coming period. Further, the partners plan to integrate the discoveries at Jethro-1 and Joe-1 and the Carapa discovery with the rest of the regional data now available and to incorporate this data into a reprocessing of the 3D seismic already shot on Orinduik. The intent is to provide further definition to the Cretaceous interpretation and target selection for drilling.
The Guyana Standard understands that geological modeling, prospects maturation and target selection on the Block are ongoing, with multiple prospects being reviewed simultaneously for the next drilling programme.
Eco has since noted that it is fully funded and is pushing to drill a minimum, one upper Cretaceous target as soon as practically possible for its partners. Consideration is being given to prioritize a stacked multi-target well.
