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CGX, Frontera complete Kawa-1 well

CANADA’S CGX Energy and its majority
shareholder Frontera Energy wrapped up drill-
ing operations at Kawa-1, its first exploration
well at the Corentyne block offshore Guyana.
CGX announced the completion of the well
in a statement dated March 2, noting that the
partners had safely plugged and abandoned
Kawa-1 after sinking it to a total depth of 21,578
feet (6,577 metres). It reported the final cost of
sinking Kawa-1 at $141mn and said that only
one lost-time injury had been recorded during
the drilling project.
The Maersk Discoverer, the rig used to drill
the well, has now been released, it added.
CGX went on to say that results from the
well had confirmed the existence of an active
hydrocarbon system at the Kawa-1 site. Suc-
cessful wireline logging runs confirmed that the
well encountered about 200 feet (61 metres) of The second exploration well at Corentyne will be Wei-1 (Image: CGX Energy)
net pay within the Maastrichtian, Campanian,
Santonian and Coniacian horizons, it noted. will help CGX and Frontera gain a better under-
This is a promising sign, it explained, as all of standing of the northern part of the Corentyne
these intervals appear to be analogous to sim- block before the spudding of Wei-1, the next
ilar oil-bearing layers at neighbouring blocks exploration well. The partners aim to move
– namely, Block 58 offshore Suriname and forward with work on the second well, which
Stabroek offshore Guyana. will “target Campanian and Santonian-aged
Frontera and CGX have yet to complete stacked channels in the western fan complex in
their analysis of the data collected from Kawa-1. the northern section of the Corentyne block,”
According to the statement, they did not obtain in the second half of the year, CGX noted in its
any sidewall core samples or mini-drillstem test statement.
(MDT) data – that is, data from a specific type The company did not say how much it
of wireline formation testing tool. However, expected to spend on the Wei-1 drilling pro-
they have hired an independent third-party ject but reported that it was looking into several
contractor to conduct further laboratory analy- potential sources of funding. It also stated that
sis and detailed studies of drilling cuttings from it would use data from both exploration wells
the Maastrichtian, Campanian and Santonian to inform its future decisions about exploration
intervals. So far, the preliminary results of these and appraisal drilling.
test show that the Santonian intervals contain a Equity in the Corentyne project is split
reservoir of liquid hydrocarbons. (Results from 66.67% to CGX and 33.33% to Frontera, which
the testing of the Maastrichtian and Campanian is also the majority shareholder is the former
intervals are not yet available.) company. The partners have also split equity in
The results of the Kawa-1 drilling project the Demerara block along the same lines. ™

BRAZIL
Gas distributors’ group reports domestic

consumption levels up by 29% in 2021

ABEGAS, an association of Brazilian natural gas In a report published earlier this week, Abe-
distributors, has reported that the country saw gas said that gas consumption had amounted to
the consumption of gas received via distribution 76mn cubic metres per day, marking a 29% rise
companies rise by 29% year on year in 2021. on the 2020 figure of about 58.9 mcm per day.

P10 www. NEWSBASE .com Week 09 03•March•2022