Hess Corporation has introduced constructive outcomes from the Tilapia-1 and Haimara-1 wells offshore Guyana, bringing the overall variety of discoveries on the Stabroek Block to 12.

“These two discoveries show the persevering with exploration potential on the prolific Stabroek Block and add to the beforehand introduced gross found recoverable useful resource estimate of greater than 5 Bboe,” stated CEO John Hess.

Tilapia discovery

Tilapia-1 encountered roughly 305 ft (93 m) of top quality oil bearing sandstone reservoir and was drilled to a depth of 18,786 ft (5,726 m) in 5,850 ft (1,783 m) of water. The effectively is situated roughly three.Four mi (5.5 km) west of the Longtail-1 effectively. In addition to Tilapia-1 the Turbot space consists of the Turbot, Longtail and Pluma discoveries.

The Noble Tom Madden drillship started drilling the effectively on Jan. 7 and can subsequent drill the Yellowtail-1 effectively, situated roughly six miles (10 km) west of the Tilapia-1 effectively within the Turbot space. Baseline Four-D seismic knowledge acquisition is underway.

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Haimara discovery

The Haimara-1 effectively encountered roughly 207 ft (63 m) of top quality, fuel condensate bearing sandstone reservoir. The effectively was drilled to a depth of 18,289 ft (5,575 m) in Four,590 ft (1,399 m) of water. It is situated roughly 19 mi (31 km) east of the Pluma-1 effectively and is a possible new space for improvement.

The Stena Carron drillship started drilling the effectively on Jan. three and can subsequent return to the Longtail discovery to finish a effectively take a look at.

Stabroek block improvement advances

The earlier 10 discoveries on the Stabroek Block established the potential for not less than 5 floating, manufacturing storage and offloading (FPSO) vessels producing greater than 750,000 bopd by 2025.

The Liza Phase 1 improvement is progressing on schedule and is anticipated to start producing as much as 120,000 bopd in early 2020, using the Liza Destiny FPSO. Liza Phase 2, which can use a second FPSO designed to supply as much as 220,000 bopd, is anticipated to startup by mid 2022. A 3rd improvement, Payara, is anticipated to startup as early as 2023.

The Stabroek Block is 6.6 million acres (26,800 km2). ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45% curiosity within the Stabroek Block. Hess Guyana Exploration Ltd. holds 30% curiosity and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25% curiosity.

Source: www.worldoil.com

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