TORONTO, Canada — CGX Energy and partner Frontera Energy have confirmed an oil discovery on their Corentyne Block offshore Guyana.
Drilling operations have finished on the Wei-1 well 200 km offshore Georgetown, and the rig should depart early next month.
The Wei-1 well encountered 210 ft of hydrocarbon-bearing sands in the Santonian horizon, and wireline logs and core samples were taken from this interval; however, due to a tool failure downhole and a replacement tool being unavailable, it was not possible to obtain oil samples.
Rock and fluid properties of the Santonian will undergo laboratory analysis to better define net pay and provide a basis for evaluation of this interval.
The partners now estimated net pay from the Maastrichtian and Campanian intervals at 77 ft. Fluid samples retrieved from both intervals suggest light crude in the Campanian and sweet medium crude in the Maastrichtian.
Over the coming months, results will be integrated into the geological and geophysical models to provide an updated view of the entire northern portion of the Corentyne Block.
This section includes the channel complexes discovered by the Kawa-1 and Wei-1 wells, and a prospective central channel complex that is as yet not assessed.
06.29.2023
