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Stena carron has drilled multiple wells in this arena in the last 5 years & i would expect the crew are very professional.
But that aside any sort of oil shows picked up by the drill will get noted by the powers that be long before us meer mortals hear an official statement.
There will be indications as to wheather Bulletwood 1 is a hit or miss well before 23rd Nov.
Good luck.
Finally recieved dividend into my Sipp.
As for my holdings in Octagonal i fear i'm in for a long wait before we see any offer made.
Suppose they will notify us through the website as to how & what trading platform can be used???
I suppose this includes Sapote 1 .
Exxon targeting over a dozen wells, ramping up drill capacity offshore Guyana this year – Routledge
By
OilNOW
January 18, 2021
0
Alistair Routledge - President of ExxonMobil Guyana
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OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.
A flurry of activity is expected offshore Guyana this year as U.S. oil major ExxonMobil ramps up its search for even more hydrocarbons, targeting deeper and risker prospects.
The company has also confirmed that it will be boosting its drill capacity with the addition of two more rigs adding to the four currently conducting exploration and development drilling operations offshore the South American country.
During a virtual interview with OilNOW in December, President of ExxonMobil Guyana, Alistair Routledge, in responding to questions about the company’s exploration plans for this year, said that the offshore activities are about to get even busier.
“We’re adding two more drilling rigs to our activities and that is to give us more capacity to drill additional wells,” Routledge said. “We expect to drill more than a dozen exploration and appraisal wells over the next year and several of those would be out with that core area in the southeast of the Stabroek block.”
The southeastern area of the 6.6 million acres Stabroek block is where the bulk of the 18 discoveries have so far been made. Routledge said the company also intends to target wells west of these discoveries. So far, the Ranger well is the farthest the company has drilled in the northwest section of the block and is also the deepest well ever to be drilled at Stabroek.
“We also plan two to three wells in the Canje block. So…we are stretching out,” he stated, pointing out that the company is taking more risks.
Guyana set to lead Southern Caribbean offshore drilling in 2021
Bulletwood-1, targeting around 500 million barrels of oil, was spudded at the end of December in the ExxonMobil-operated Canje block. The other prospects being targeted there include Jabillo, and Sapote.
“This is still a frontier exploration basin, very few wells have been drilled to give us a true understanding of the formation and the distribution of the resource in the rocks,” Routledge pointed out.
So far, the company has found approximately 9 billion barrels of oil equivalent resources offshore Guyana.
23 Feb is when they reach total depth & they would have a fair analysis of different stack formations drilled.
Defiantly will we see signs if the drill has been successful in hitting a viable oil play sometime the beginning of Feb.
Fingers X
Liza well was drilled to about 18.500ft.
Tanager was drilled to about 25.500ft.
I think bulletwood will be somewhere inbetween.
Was studded 1st Jan, must be close to a third of the way.
5 support ships around & about yesterday.
Exciting times.
Cheers.
Made contact with aj Bell, they haven't as yet received the divi payment from Octagonal but will chase them up.
Sounds about par for the course at the moment.
Hoping the process of the share buyback when they go private go's a bit smoother.
Not holding me breath.
Good luck
Cheers.
Cheers.
Its a subscription service from vesselfinder.com
apologies meant to say slightly NE of Liza.
If you find the Liza cluster of vessels on any free marine vessel service follow the line Northeast 50km you'll spot the Stena carron cluster Cranje Block.
Cheers
Watched the stena carron since its arrival on site some 50/60 km slightly NW of the Lizard field.
Starting to get busy with now 3 other vessels in support.
Not sure on total drill depth but expecting that we'll see indications of any sort of substantial find towards first/second week of Feb.
Fingers crossed.
Good luck to all.
Cheers.
Watched the stena carron since its arrival on site some 50/60 km slightly NW of the Lizard field.
Starting to get busy with now 3 other vessels in support.
Not sure on total drill depth but expecting that we'll see indications of any sort of substantial find towards first/second week of Feb.
Fingers crossed.
Go luck to all.
Cheers.
Apache announced another significant discovery in block 58 suriname.
Noble sam croft will be released to Exonn sometime after appraisal of the well mid month.
Hopefully it sails straight to Exxons closest prospect on Cranje block Sapcote.
All getting very exciting.
Cheers.
https://oilprice.com/Energy/Crude-Oil/Exxons-Mega-Oil-Finds-In-Guyana-Are-Just-The-Beginning.html