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She arrived this week in the Guanabara Basin, Rio de Janeiro, for repairs and will drill offshore Peru for Karoon Energy Brasil
Karoon Energy contracted the drillship Stena Forth for the Marina-1 field, offshore Peru, but before that, one stop in Rio de Janeiro for repairs and to generate some temporary jobs in the naval area of the region. See also: Shell hires 3 oil tankers to serve exports from Brazil
The well, in block Z-38 which is 40% owned and operated by Karoon, is scheduled to be explored in the beginning of the first quarter of 2020. The water depth is 350 m and the well will be drilled at a TD of 3.026 m.
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The Marina prospect is a large structure delimited by faults, with prospective reservoirs at various levels, from 900 to 2.900 m underwater. The rative has a prospective resource of 256 million barrels of oil and, if successful, would risk several other prospects in the block, as well as technical assessment permission for Area 73, 100% owned by Karoon, to the South. See the image below:
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Marina 1 Prospectus – Click to enlarge the image
Karoon said the well is a critical milestone in assessing the prospect of deeper waters in northern Peru. It is the first well to be drilled in the Z-38.
The Stena Forth vessel is a robust, recently delivered drillship capable of drilling much deeper waters and much more difficult sea states than those found in Peru.
Of Karoon's JV partners on Z-38, Tullow Oil Ltd. owns 35% interest and Pitkin Petroleum 25% (OGJ Online, May 8, 2019).
Stena Fourth in Guanabara Bay, Rio de Janeiro – Brazil
