CGX Energy finishes bypass, appraisal well offshore Guyana

CGX Energy Inc. successfully reached TD of 20,450 ft on the Wei-1BP1 bypass exploration and appraisal well in Corentyne block, offshore Guyana. The original Wei-1 wellbore reached a depth of 19,142 ft.

Wei-1BP1 was drilled from 18,757 ft to TD and penetrated its primary Santonian targets in the western complex in the northern portion of the block. Before the bypass, the well encountered an aggregate of about 71 ft of net oil pay in the secondary target reservoirs in the Maastrichtian and Campanian. Following the bypass, data collected from logging while drilling and cuttings indicated multiple hydrocarbon shows in the primary target reservoirs in the Santonian interval.

Initial results were consistent with pre-drill expectations. CGX described them as encouraging and said data acquisition is ongoing via wireline logging, MDTs, and side-wall core sampling. A results update will be provided when data acquisition and evaluation has been finalized.

The well was drilled by CGX (32%) and Frontera Energy Corp. (68%).