Tullow Oil said it expects drilling completion and results for the Beebei-Potaro well offshore Guyana in the third quarter of 2022. This was stated in its July trading statement and operational update, released on Wednesday.
The Beebei-Potaro prospect is targeting around 200 million barrels of recoverable resource. The well will target two main objectives and one secondary objective. The main objectives include one in the Tertiary (Oligocene) and one in the Upper Cretaceous (Upper Campanian).
Drilling began in May and is ongoing, using the Noble Regina Allen.
The water depth is 71 meters, and the total depth of the well is expected to be 4539 meters measured depth below rotary table (MDRT) / 4390 meters true vertical depth (TVDSS). The geological targets are Oligocene, Upper Campanian and Lower Campanian.
Six wells were previously drilled in the Kanuku Block, namely Carapa-1, Jaguar-1, Berbice -2, Abary-1 and Mahaica-1 and 2.
Repsol has a 37.5% stake in the block, while Tullow has 37.5% and TotalEnergies has 25%.