Shell abandons offshore wells at almost 6,5km deep off French Guiana


Shame.

energy-pedia exploration

South America / GoM >>> French Guiana

French Guiana: Northern Petroleum reports disappointing results from the GM-ES-5 well offshore French Guiana

 

13 Nov 2013

Photo - see caption

French Guiana: Northern Petroleum reports disappointing results from the GM-ES-5 well offshore French Guiana

JV partner Northern Petroleum has announced that the Shell-operated GM-ES-5 well, the final well of the 2012 -2013 four well exploration programme in theGuyane Maritime Permit (offshore French Guiana) has been drilled to a total depth of 6,460 metres and the well will now be plugged and abandoned. Reservoir evaluation work has been conducted and the reservoir sequences were encountered as expected but with no evidence of hydrocarbons.

The Joint Venture will now integrate the data from all five wells with the 3D seismic to determine future exploration plans on this licence, which covers 24,100 sq kms. Once the drill ship, the Stena ICEMax, has completed the abandonment operations it will move to a location outside French Guiana and be off contract from the Joint Venture.

Northern currently owns an effective 1.3 per cent equity interest in the Guyane Maritime Permit through its 52% holding in Northpet Investments, a joint venture withWessex Exploration. Northpet holds a 2.5 per cent equity interest in the Guyane Maritime Permit with partners Shell, (Operator), holding 45 per cent, Tullow Oil holding 27.5 per cent and Total holding 25 per cent.

Keith Bush, Chief Executive Officer, commented: ‘With the completion of this well, the Joint Venture will now concentrate on the integration of the data gathered over the last two years in French Guiana. This will enable Northern to establish the value of the licence to the company and determine the best route to realise that value.’

Photo - see caption

Location of Guyane Maritime Permit (Source: Northern Petroleum)

 

 

%d bloggers like this: