BPZ commissions drilling platforms offshore Peru

BPZ Energy has contracted T-Rex Engineering and Construction to build two drilling platforms for the Delfin and Piedra Redonda prospects in block Z-1 offshore Peru.

Offshore staff

HOUSTONBPZ Energy has contracted T-Rex Engineering and Construction to build two drilling platforms for the Delfin and Piedra Redonda prospects in block Z-1 offshore Peru. Water depths at the prospects are 200 ft (61 m) and 250 ft (76 m), respectively.

Construction of the decks is under way at the T-Rex facilities in Texas, with jacket and pile construction in Louisiana. Installation of both platforms is scheduled for mid-2015.

AtDelfin, BPZ is targeting oil in the Zorritos formation, which produced in the adjacent offshore Corvina field and at the Albacora field. A previous operator did test oil in the Zorritos formation. The first well will be drilled down to the Heath formation targeting additional oil reserves.

At Piedra Redonda, the company looks to appraise gas in the Mancora formation, again discovered by a prior operator. The potentially multi-tcf formation extends onshore into block XXIII where BPZ recently tested gas.

The Piedra Redonda platform will also explore for oil in the deeper Eocene formations that the company has mapped from seismic acquired over block Z-1.

11/18/2014

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