TORONTO – Tullow Oil and its partners in the Orinduik block offshore Guyana continue to analyze the hydrocarbon potential of the Upper Cretaceous reservoirs.
According to Tullow’s partner Eco Atlantic, the Carapa-1 well data has been integrated with Orinduik’s existing geological models and technical analysis.
Data from all three wells is also being integrated with other regional data, all of which will be used for reprocessing of 3D seismic already acquired over the block.
The aim is to sharpen definition of the Cretaceous interpretation and the prime targets for a next drilling phase. Multiple prospects are currently under review.
Eco Atlantic said it was fully funded to pay its share of costs for at least two exploration wells on light oil Cretaceous targets in 2021.
Total E&P Guyana is the other partner.