Repsol lets logistics contract for Guyana exploration well

Repsol Exploracion Guyana SA has let a logistics contract to Peterson for work on its first exploration well to be drilled on the Kanuku block offshore Guyana.

Repsol Exploracion Guyana SA has let a logistics contract to Peterson for work on its first exploration well to be drilled on the Kanuku block offshore Guyana.

Peterson will serve as the main logistics contractor for the Carapa 1 exploration and drilling project targeting an oil prospect on the block, which lies 150 km offshore in 70-100 m of water. Peterson will provide integrated supply base operations management, logistics, and pipe yard operations, servicing the project from Trinidad and Tobago and Guyana.

The Valaris JU-144 jack up drilling rig—formerly the Rowan EXL II—will drill the Cretaceous Carapa prospect, partner Tullow Oil PLC said in a late June operations update.

Repsol has invested $60 million in the Kanuku block exploration program to date. It acquired 2D and 3D seismic data on the block in 2013 and 2017, respectively. This is the company’s first exploration well to be drilled on the block.

Repsol serves as operator with 37.5%. Tullow holds 37.5% and Total SA holds 25% (OGJ Online, Feb. 5. 2018).

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