CATEGORIZED | News

Shell confirms deepwater oil discovery offshore French Guiana

Posted on 09 September 2011

As part of the Tullow-operated joint venture, Shell today confirmed an oil discovery in the Guyane Maritime permit approximately 150 km offshore French Guiana.

The GM-ES-1 well is being drilled in a water depth of more than 2,000 meters and to date has been drilled to a depth of 5,711 meters. The well has encountered more than 70-meters of net oil pay in two target formations. The joint venture plans to drill ahead to the planned target depth.

“We are pleased with the preliminary results of this first ever deepwater well offshore French Guiana,” said Dave Lawrence, Shell executive vice president Exploration and Commercial. “We are early in the evaluation, but the initial results are encouraging for this new play. The joint venture will continue to drill ahead, evaluate the well results, and determine next steps.”

Shell acquired an initial equity interest of 33% in the joint venture in 2009 and increased that interest to 45% in 2010, subject to government approval. The rest is held by Tullow (27.5%); Total (25%); and Northpet (2.5%), a company owned 50% by Northern Petroleum and 50% by Wessex Exploration.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 31 October 2014

    Japan Drilling to operate new jackup under construction at Keppel

    The KFELS Super B Class design has a drilling depth of 35,000 ft. The rig's leg structure is designed to provide enhanced robustness for operations at 400 ft water depth...

  • 29 October 2014

    New intelligent water management solution based on oxidizer technology

    Nalco Champion has launched the RenewIQ line of oilfield water reuse solutions to help operators reduce freshwater consumption and associated handling costs...

  • 29 October 2014

    Baker Hughes launches all-electric intelligent well system

    Baker Hughes has commercially released its MultiNode all-electric intelligent well system. It allows operators to remotely monitor and control a greater number of production zones...

  • 29 October 2014

    Tercel collaborates with TOTAL to design MicroCORE PDC drill bit

    Tercel Oilfield Products has launched the MicroCORE cutting system at the 2014 SPE Annual Technical Conference and Exhibition in Amsterdam. The MicroCORE cutting...

  • 28 October 2014

    First extension well in pre-salt Libra leads to oil discovery

    The Libra consortium announced that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil...

  • Read more news