Page 13 - LatAmOil Week 03 2021
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LatAmOil                                         GUYANA                                            LatAmOil



                         Second and third stages              the floating production, storage and off-load-
                         ExxonMobil is developing Stabroek via a con-  ing (FPSO) vessel that will be used to develop
                         sortium that also includes China National   the site. The cost of the Liza-2 project is slated
                         Offshore Oil Corp. (CNOOC) and the US inde-  to reach $6bn, with more than a quarter of the
                         pendent Hess. The partners aim to bring Liza-2   total, or $1.6bn, going to capitalise the lease on
                         on stream in 2022, and their third stage of pro-  the FPSO. ™
                         duction will focus on Payara, which is due to
                         come online in 2024.
                           According to Guyana’s Maritime Adminis-
                         tration Department (MARAD), a pipe-laying
                         vessel owned by Saipem (Italy) and contracted
                         by ExxonMobil has already begun installation
                         work at Liza-2 ahead of development drilling
                         at the site. Pipe-laying operations are due to be
                         finished by the end of June this year, the depart-
                         ment said.
                           The US company and its partners are
                         slated to drill about 15 production wells, nine
                         water-injection wells and six gas-injection wells
                         at Liza-2. The wells will be clustered around six
                         hubs, all of which will send oil to the Liza Unity,   ExxonMobil has discovered 18 oilfields at Stabroek (Image: Stabroek News)




                                                      SURINAME
       Total reports fourth oil find at Block 58






                         FRANCE’S Total and its US-based partner   had won a contract from Total for the use of the
                         Apache revealed last week that they had struck   Maersk Developer and Maersk Valiant drillships
                         oil for the fourth time at Block 58 offshore   at Block 58.
                         Suriname.                              Under the $100mn deal, the French major
                           In a statement, Total said it had made the   will use the vessels for a combined period of 500
                         discovery at Keskesi-1, a well sunk by the Noble   days to sink additional wells at the block. The
                         Sam Croft drillship in 725-metre-deep water in   Maersk Developer is due to begin work before
                         the eastern section of Block 58. To date, it said,   the end of January, while the Maersk Valiant will
                         the well has encountered “63 metres net pay   follow suit in March, the Danish company said
                         of hydrocarbons, comprised of 58 metres net   in a statement.
                         black oil, volatile oil, and gas pay in good-qual-  These two ships will replace the Noble Sam
                         ity Campano-Maastrichtian reservoirs, along   Croft, which Total has now released.
                         with 5 metres of net volatile oil pay in Santonian
                         reservoirs.”
                           The French company did not comment on
                         the size of the discovery, but it went on to say
                         that it had not finished work at Keskesi-1. The
                         partners are continuing to drill, with the intent
                         of assessing deeper targets in Necomian strata,
                         it explained.
                           Kevin McLachlan, Total’s senior vice-pres-
                         ident for exploration, noted that Total had
                         assumed the operatorship of Block 58 on Jan-
                         uary 58 and said the discovery represented a
                         good start. “We are delighted to announce this
                         new discovery, which confirms this first explo-
                         ration campaign as a full success and adds to the
                         proven resource base,” he commented. “We are
                         also excited, as new operator of the block, to start
                         the appraisal operations designed to character-
                         ise the 2020 discoveries, while in parallel start
                         a second exploration campaign on this prolific
                         block in 2021.”
                           McLachlan was speaking shortly before
                         Denmark’s Maersk Drilling announced that it      Keskesi-1 is the fourth discovery made at Block 58 (Image: Total)



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