Bahamas Petroleum Hits Hydrocarbons in Offshore Bahamas Well

Drilling Activity Details



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Drilling Activity Summary


Bahamas Petroleum announced that it encountered hydrocarbons at #1-Perseverance in the Cooper Block, offshore Bahamas. The well was drilled to approximately 3,900 m. It will now be permanently plugged and abandoned. The exploration well had a planned depth of 4,800 m and was testing multiple potential reservoir horizons continuously through the Albian and Aptian aged formations, targeting P50 prospective oil resources of 770 Mbbl, with an upside of 1.44 Bbbl. Bahamas Petroleum’s headquarters are in Isle of Man, U.K.