Offshore staff
MELBOURNE, Australia – The drillship Stena Forth has spudded the Marina-1 exploration well on block Z-38 in the Tumbes basin offshore Peru, according to operator Karoon Energy Ltd.
Drilling is estimated to take 30 days.
The Marina prospect has a gross prospective resource best estimate of 256 MMbbl of oil, the company said.
The Marina prospect comprises a large fault bounded structure with targets at multiple levels from 900 m (2,953 ft) subsea to 3,000 m (9,842 ft). The targets are in the Tertiary Pliocene La Cruz to Cardalitos formations.
Karoon is the operator with 40% interest, in partnership with Tullow Oil (35%) and Pitkin Petroleum (25%).
01/28/2020
