Tullow to start Suriname work in 2015

April 30, 2014

Tullow Oil has announced it plans a 4000km sq 3D seismic acquisition program next year in block 54 offshore Suriname.

In January, the company agreed to a production-sharing contract that gave it a 50% operated stake, in partnership with state-owned Staatsolie.

Over offshore block 47, interpretation of 3D seismic data continues ahead of a decision to drill a first well during the 1H 2015.

In block 31, processing and interpretation is under way of recently acquired 3D data, with a view to build a series of drillable prospects. The first well should spud during 2H 2015.

These plans follow the announcement of Tullow selling its North Sea assets to UK-based firm, Faroe Petroleum for US$75.6 million. Read more: Faroe becomes UK operator

 

 

 



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