Offshore Bahamas Exploratory Venture Planned by Bahamas Petroleum
Drilling Activity Details
Drilling Activity Summary
Description
An offshore Bahamas exploration well is planned by Bahamas Petroleum Co. at #1-Perseverance. The well is targeting recoverable P50 oil resources of 77 MMbbl of oil with an upside of 1.44 Bbbl of oil in the B structure and a recoverable resource potential in excess of 2 Bbbl. The well location will be on the northern segment of the structure. Area water depth is approximately 510 m. It has a planned depth of 4,822 m with a Tertiary objective, but it will evaluate multiple reservoir horizons. The company anticipates that any discovery at this location has the potential to extend into a larger portion of the overall B structure extending to the southeast. London-based Bahamas Petroleum owns and operates the well on the northern segment of the B mega structure located near the Cuba-Bahamas maritime boundary.
An offshore Bahamas exploration well is planned by Bahamas Petroleum Co. at #1-Perseverance. The well is targeting recoverable P50 oil resources of 77 MMbbl of oil with an upside of 1.44 Bbbl of oil in the B structure and a recoverable resource potential in excess of 2 Bbbl. The well location will be on the northern segment of the structure. Area water depth is approximately 510 m. It has a planned depth of 4,822 m with a Tertiary objective, but it will evaluate multiple reservoir horizons. The company anticipates that any discovery at this location has the potential to extend into a larger portion of the overall B structure extending to the southeast. London-based Bahamas Petroleum owns and operates the well on the northern segment of the B mega structure located near the Cuba-Bahamas maritime boundary.