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Area Drilling

06/16/2008
GuyanaCGX Energy Inc., Toronto, let a contract to Fugro-GeoTeam to shoot 500 sq km of 3D seismic in the Guyana-Suriname basin in the Atlantic off Guyana.The 4-week program is to take place later this summer using a dual airgun 8 by 6,000 m solid state streamer spread.The survey is to fulfill the minimum work commitment on the Corentyne license through its first renewal second phase, CGX said (see map, OGJ, Mar. 8, 2004, p. 41).The program is designed to cover the four prospects for which Gustavson Associates LLC, Boulder, Colo., calculated a combined best estimate (P50) prospective resource to be 2.7 billion bbl of oil. The best leads are a series of structural traps in Upper Cretaceous.N...
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