The Tanager-1 well in the Kaieteur Block offshore Guyana discovered hydrocarbons but it does not appear to be financially viable on its own, a spokesman for the company said Nov. 17.
The Warka discovery could potentially be the largest find made on the Norwegian Continental Shelf this year, ConocoPhillips COO Matt Fox says.
The Houston-headquartered company said Nov. 5 that the Dorado play has an estimated net resource potential of 21 Tcf in 700 ft of stacked pay.
The wells were drilled by the Transocean Barents semisubmersible rig this summer in the Flemish Pass Basin.
Total said the well encountered 73 m of net gas condensate pay in Lower Cretaceous reservoirs.
The discovery is estimated to hold between 0.5 and 3.2 million cubic meters of recoverable oil equivalents, Norway’s Petroleum Directorate said in a statement.
The oil find continues the privately held E&P company’s drilling success at its Spruance discovery made by LLOG and its partners in the deepwater Gulf of Mexico in mid-2019.
Upstream activity will fuel the region as a leader on the road to recovery.
President Tayyip Erdogan said in August the field north of the Turkish coast in the Black Sea contained 320 Bcm of gas, making it Turkey's biggest natural gas discovery.
Check out the latest oil and gas drilling activity highlights from around the world featured in the October issue of E&P Plus including Apache’s recent discovery offshore Suriname plus additional reservoirs in Guyana’s Stabroek Block.