The Rowan/Valaris EXL II jack up rig has arrived in Guyana’s waters in preparation for drilling in the offshore Kanuku Block for Repsol, following its drilling campaigns in Trinidad over the past few years for petroleum giant BP.
Services company RAMPS Logistics Guyana’s team is coordinated the customs clearance for the rig to enter into the country’s waters. The rig will drill one well, Carapa-1, for Repsol, in its Kanuku Block, with potential for drilling a further two wells in 2020.
The Carapa prospect is said to be a 200-million-barrel Cretaceous target located in 70m of water within the Kanuku Block, which is almost 2000 sq km. Spanish oil company Repsol being is the operator with a 37.5 stake. The other partners are Tullow (37.5%) and Total (25%).
The Kanuku block is located to the south of the prolific ExxonMobil-operated Stabroek block, where the US supermajor has made a record 14 discoveries with an estimated recoverable resource of more than 6 billion barrels of oil equivalent.
