• 3 minutes Cyberattack Forces Shutdown Of Largest Gasoline Pipeline In United States - Zero Hedge
  • 6 minutes Renewable Energy Capacity Jumped 45% Worldwide In 2020; IEA Sees 'New Normal'
  • 11 minutes Forecasts for Natural Gas
  • 33 mins U.S. Presidential Elections Status - Electoral Votes
  • 5 hours Electric vehicle market growth is a blessing for some metals — and not a big worry for oil
  • 5 hours Is the Republican Party going to perpetuate lies about the 2020 election and attempt to whitewash what happened on January 6th?
  • 19 hours .
  • 20 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 hours Joe Biden's Presidency
  • 2 days Сryptocurrency predictions
  • 2 days CRAPPIFORNIA DOES IT AGAIN! California proposes to steer new homes from gas appliances

Oil Discovery off French Guiana Mirrors Ghana’s Jubilee field

Tullow Oil has announced its Zaedyus exploration well off the coast of French Guiana has struck oil.

Tullow Oil said that its objective in drilling the Zaedyus well, which encountered 240 feet of net oil pay in two turbidite fans, was to test whether its productive Jubilee field off the coast of Ghana in West Africa was mirrored on the other side of the Atlantic.

A Tullow Oil press release said, “This discovery therefore opens a new hydrocarbon basin within which several neighboring prospects have been mapped.”

An appraisal of the Zaedyus well test results are underway, after which Tullow Oil will decide whether to proceed with follow-up exploration activities.

Tullow Oil Exploration Director Angus McCoss said, “The discovery at Zaedyus has proved the extension of the Jubilee-play across the Atlantic and made an important new discovery in French Guiana. Tullow has built a commanding and unique acreage position in South America and this result marks the start of a significant and potentially transformational long-term exploration and appraisal campaign in the region.”

Tullow Oil, with a 27.5 percent share, operates the Guyane Maritime license, along with partners Shell with 45 percent, Total, which has 25 percent of the concession and Northpet, with 2.5 percent.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News