United Oil & Gas (UOG) has issued the main findings from a newly commissioned exploration study for the Walton Morant license offshore southern Jamaica.

NRG Well Management’s report assessed future drilling and long lead equipment needs as well as the potential for supporting logistics in Jamaica.

Work took place in support of UOG’s current farm-out process for the license.

The study assessed potential drilling contractors and rigs that might be available from regional drilling programs.

Key prospects covered in the assessment were Colibri in about 750 water depth, with prospective oil resources of 406 MMbbl; and Thunderball, (603 MMbbl) in 1,900 m of water, on which a follow-up well could be drilled.

Thunderball is one of numerous large, tilted fault-block structures identified in the Morant Basin.

The Jamaica-based logistics model considered combining existing port and commercial infrastructure with specialized offshore services and equipment sourced from regional hubs.

Identified Jamaican capabilities already available include port and project cargo operations, storage and laydown, heavy lifting, marine fuel supply, customs and freight forwarding.

UOG stressed that the study does not constitute a commitment to drill at this time. A future drilling program would be subject to receipt of all necessary regulatory approvals from the Jamaican government and execution of commercial agreements.