Sunday, June 26, 2022

No commercial oil at Jabillo-1, Sapote is next target

Must Read

OilNOW is an online-based Information and Resource Centre

Westmount Energy Ltd., said on Monday it has been informed by JHI Associates Inc. that the Jabillo-1 well on the Canje block reached target depth without encountering commercial hydrocarbons.

Westmount said project operator ExxonMobil will now switch attention to the Sapote-1 well, more than 100 kilometres away, to test the largest prospect to date on the Canje block. This would be the third in a 3-well campaign planned on the block this year. A non-commercial strike was already made at the first prospect to be drilled on the block – Bulletwood.

Sapote-1 is located closer to Exxon’s Upper Cretaceous discoveries in the Stabroek block. It is described as an independent multi-layer prospect, which will evaluate several Upper Cretaceous targets.

Westmount said it is anticipated that Sapote-1 will be spudded in mid-August using the Stena DrillMAX drillship, with results due to follow in October.

Westmount retains an indirect interest in the Canje block via its 7.2% shareholding in JHI Associates, which holds a 17.5% stake in the block – alongside Exxon with 35%, Total with 35% and Mid-Atlantic Oil & Gas Inc with 12.5%.

The Jabillo-1 well was drilled down to 6,475 meters. It was drilled in 2,903 meters of water by the Stena Carron drillship. It will be plugged and abandoned.


Latest News

Tom Mitro failed to prove Guyana losing big on cost oil deductions

By Joel Bhagwandin - OilNOW I am tired of responding to first world “so called experts” who have their own...

More Articles Like This