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Tuesday, September 3, 2013
Statoil and Tullow Oil have struck out once again offshore Mozambique. The pair drilled the Buzio-1 well on Area 2, encountering no hydrocarbons during drilling. The well was subsequently plugged and abandoned following completion of logging operations. The Discoverer Americas drilled the Buzio-1 to a final depth of 3,333 meters in water depths of 1,534 meters.
The Buzio-1 well is the second deepwater exploration well drilled in Area 2 and targeted stratigraphic traps in channel systems of Tertiary and Upper Cretaceous ages. Good quality water bearing reservoir sandstones were found in both targets. The partners first well, the Cachalote-1, found natural gas but in non-commercial quantities and did not find oil.
Angus McCoss, Exploration Director, for Tullow commented today: “Having encountered hydrocarbons with the Cachalote-1 well, we have acquired valuable information from the Buzio-1 dry hole. We will now combine the data from both offshore Mozambique wells with our extensive seismic in this license area and determine our next steps.”
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