ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) has commenced drilling operations at the Jabillo well site within the Canje block today. This is according to the Maritime Administration Department.
Guyana Standard understands that the MODU Stena Carron will be engaged in the said drilling activities which will conclude July 30, 2021, and will incorporate the use of several vessels that would display the international signal when required.
The well site is situated approximately 141 nautical miles from the coast of Guyana and covers an area of 0.20 square nautical miles.
The Jabillo-1 is the second of three exploration wells scheduled for drilling in the Canje block in 2021.
According to Westmount Energy, an indirect partner in the block, previously published information indicates that Jabillo-1 is a 1 billion barrel oil prospect targeting a Late Cretaceous, Liza-age equivalent, basin floor fan.
The Canje Block is operated by ExxonMobil (35%), with Total (35%), JHI (17.5%), and Mid-Atlantic Oil & Gas Inc. (12.5%) as partners.
Westmount holds a 7.7% interest in the issued share capital of JHI Associates Inc.
Furthermore, Canje is located next to the Stabroek block, where ExxonMobil has in the past few years made 19 oil discoveries with more than 9 billion barrels of oil equivalent in total.
ExxonMobil currently produces oil from the Liza field in the Stabroek block, via the Liza Destiny FPSO. The U.S. oil major plans to have six FPSOs producing in the block by 2027.
