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Tullow Oil: Will plug, abandon dry offshore French Guiana well

BY IAIN PACKHAM

LONDON -- Tullow Oil said that the Priodontes-1 well, offshore French Guiana, has now been drilled to a deeper total depth of 6,318 m in water depths of 1,750 m, but still hasn' t encountered any oil or gas, so will now be plugged and abandoned.

The Stena Ice Max rig will now move to the site of the Cebus exploration well (GM-ES-4). Spudding of this well, which will test a new and totally separate fan, is due within the next two weeks.

Shell holds a 45% interest in the license which covers approximately 24,100 sq km offshore Guyane, Tullow holds a 27.5% stake, Total holds a 25% interest and Wessex Exploration and Northern Petroleum hold a 2.5% stake in joint venture.

Dow Jones Newswires

04/23/2013

 

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