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Home Upstream Drilling

Westmount Energy announces commencement of drilling operations at Canje Block, Guyana

venkat by venkat
March 9, 2021
in Drilling, News, Upstream
0
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Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Westmount Energy has noted the announcement by the Maritime Administration Department, Guyana, that the Stena Carron drillship will commence drilling operations at the ExxonMobil-operated Jabillo-1 wellsite on the Canje Block, offshore Guyana on the 10th March 2021.

Jabillo-1 is the second of 3 exploration wells scheduled for drilling the Canje block in 20211. Previously published information indicates that Jabillo-1 is a circa 1,000 MMbbl oil prospect targeting a Late Cretaceous, Liza-age equivalent, basin floor fan.

Westmount holds an indirect interest in the Canje Block as a result of its circa 7.7% interest in the issued share capital of JHI Associates Inc. Following a 2018 farm-out to Total, JHI is carried for the drilling of the Jabillo-1 well and is funded for the drilling of additional wells.

The Canje Block is currently operated by an ExxonMobil subsidiary, Esso Exploration & Production Guyana (35%), with Total (35%), JHI (17.5%) and Mid-Atlantic Oil & Gas (12.5%) as partners.

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