The Stena Forth Drilling Ship Arrives in Rio de Janeiro

It Arrived This Week at Guanabara Bay, Rio de Janeiro, for Repairs and Will Drill Offshore Peru for Karoon Energy Brazil

Karoon Energy contracted the drillship Stena Forth for the Marina-1 field, offshore Peru, but first, it made a stop in Rio de Janeiro for repairs and to create some temporary job openings in the local naval sector. Also Read: Shell Charters 3 Tankers to Support Exports from Brazil

The well, in block Z-38 with 40% ownership and operation by Karoon, is scheduled to be explored in early Q1 2020. The water depth is 350 m and the well will be drilled to a TD of 3,026 m.

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The Marina prospect is a large structure bounded by faults, with prospective reservoirs at various levels, from 900 to 2,900 m subsea. The asset has a prospective resource of 256 million barrels of oil and, if successful, could lead to several other prospects in the block, as well as in the technical assessment permit for Area 73, 100% owned by Karoon, to the south. See the image below:

Marina Prospect 1 – Click to Enlarge the Image

Karoon stated that the well is a critical milestone for assessing the prospect of deeper waters in northern Peru. It is the first well to be drilled in Z-38.

The Stena Forth is a recently delivered robust drillship capable of drilling much deeper waters and handling much harsher maritime conditions than those found in Peru.

Of Karoon’s JV partners in Z-38, Tullow Oil Ltd. holds a 35% stake and Pitkin Petroleum 25% (OGJ Online, May 8, 2019).

Stena Fourth in Guanabara Bay, Rio de Janeiro – Brazil