Jabillo-1 is the second of three exploration wells scheduled for drilling on the Canje block in 2021. Previously published information indicates that Jabillo-1 is a circa 1000 MMbbl oil prospect targeting a Late Cretaceous, Liza-age equivalent, basin floor fan.
Westmount holds an indirect interest in the Canje block as a result of its circa 7.7% interest in the issued share capital of JHI Associates Inc. (JHI). Following a 2018 farm-out to Total, JHI is carried for the drilling of the Jabillo-1 well and is funded for the drilling of additional wells.
The Canje block is currently operated by an ExxonMobil subsidiary, Esso Exploration & Production Guyana Limited (35%), with Total (35%), JHI (17.5%) and Mid-Atlantic Oil & Gas Inc. (12.5%) as partners.
Read the latest issue of Oilfield Technology in full for free: Issue 1 2021
Oilfield Technology’s first issue of 2021 begins with a look at US tight oil’s prospects this year. The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more.
Exclusive contributions come from Rystad Energy, Archer, Weatherford, Halliburton, CGG, NOV, TETRA Technologies, Clariant and more.
Read the article online at: https://www.oilfieldtechnology.com/exploration/07062021/exxonmobil-resumes-drilling-operations-at-exploration-well-offshore-guyana/