Monday, February 6, 2023

Maersk Discoverer confirmed for new Guyana well in fourth quarter

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The Maersk Discoverer semisubmersible drilling rig is confirmed for exploration operations offshore Guyana in the fourth quarter of this year.

According to Maersk’s latest Fleet Status Report, the rig is scheduled to be in Guyana, on contract with CGX Resources Inc., from October 22, 2022, to January 23, 2023, after completing drilling operations in neighbouring Trinidad and Tobago.

The rig will be targeting the Wei-1 exploration well, located approximately 14 kilometres northwest of the Kawa-1 exploration well in the Corentyne block, approximately 200 kilometres offshore from Georgetown.

The Wei-1 exploration well will be drilled in water depth of approximately 1,912 feet (583 metres) to an anticipated total depth of 20,500 (6,248 metres) and will target Campanian and Santonian aged stacked channels in a western channel complex in the northern section of the Corentyne block.

CGX and its Corentyne Block joint venture partner, Frontera Energy Corp. had pushed back the expected drilling date from the third to the fourth quarter, while announcing a deal they made for Frontera to farm into the license. The agreement allowed the partners to secure funds for the drilling of Wei-1 and other works associated with the Corentyne Block.

London-based energy intelligence firm, Westwood Global Energy, has called Wei-1 a ‘large, high-impact’ prospect and a ‘key well to watch’.

Following updated results on the Kawa-1 well, that noted the discovery of light oil and gas condensate, the partners had said that chances of success at Wei-1 nearly doubled from 29% to 56%.

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