2019 wells to watch - enverus.com · 6 south america cont. 2: peru - marina 1x well id: 2042015402...
TRANSCRIPT
2019WELLS TO WATCHSelected 20 high-value prospects or significant exploration wells to be drilled 2019 and early 2020.
“With the recovery of oil & gas prices, global investment
opportunities are growing, and staying on top of this new activity
can be challenging. In this report, Enverus experts from around the
globe pinpoint 20 of the top wells and exploration drilling programs
from 19 countries to watch through the remainder of 2019 and into
2020. These include regionally significant prospects on and offshore
consisting of high profile new-field wildcats (NFWs) targeting new
plays and some appraisals seeking to prove large discoveries.”
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NORTH AMERICA
1: Mexico - Ameyali 1
Well ID: 2037034180
Block Name: CNH-R01-L04-A1.CPP/2016 (Part 2)
Operator: CNOOC
Spud Date: Q4 2019
Environment: Deepwater
Basin: Perdido Fold Belt
Well Classification: New-field wildcat
Objective: Wilcox Paleogene sandstones
Comment:Ameyali 1, Tlami 1 plus two other wells to be drilled over CNH-R01-L04-A1.CPP/2016 with total cost US$ 289 million.
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NORTH AMERICA CONT.
2: Canada - Harp
Well ID: 2060004337
Block Name: EL 1135
Operator: ExxonMobil
Spud Date: Q3 2019
Environment: Deepwater
Basin: Flemish Pass Basin
Well Classification: New-field wildcat
Objective: Mesozoic
Comment: High impact well with standalone potential in frontier Flemish Pass Basin.
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SOUTH AMERICA
1: Guyana - Utakwaaka 1
Well ID: 2032000090
Block Name: Corentyne
Operator: CGX
Spud Date: 2020
Environment: Shelf
Basin: Guyana-Suriname Basin
Well Classification: New-field wildcat
Objective: Campanian
Comment:Likely first well to be drilled by CGX & Frontera Energy partnership on Corentyne which lies directly south of ExxonMobil’s prolific Stabroek block.
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SOUTH AMERICA CONT.
2: Peru - Marina 1X
Well ID: 2042015402
Block Name: Z-38
Operator: Karoon
Spud Date: Q1 2020
Environment: Deepwater
Basin: Progreso Basin
Well Classification: New-field wildcat
Objective: Upper Miocene Tumbes Fm is target and Zorritos is secondary objective
Comment:First well drilled on the block seeking to extend production into deepwater. Unrisked best estimate gross prospective resource of 256 Mmbo.
3: Brazil - 1BRSAXXXSPS (Uirapuru)
Well ID: 2018030347
Block Name: Uirapuru-PSC
Operator: Petrobras
Spud Date: Q4 2019
Environment: Deepwater
Basin: Santos Basin
Well Classification: New-field wildcat
Objective: Barra Velha Cretaceous carbonates
Comment:
Undrilled deepwater pre-salt block fetched the highest bid in ANP PSC Round 4. It has an estimated 7.8 Bbo in unrisked reserves. This block will be featured with 3 wells planned in a new 10 exploratory well exploratory drilling program by Petrobras focused on the pre-salt to begin in first quarter 2020.
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EUROPE & MEDITERRANEAN
1: Norway - 6611/1-1 Toutatis
Well ID: 1827007728
Block Name: 6611/1
Operator: Wintershall Dea
Spud Date: Q4 2019
Environment: Deepwater
Basin: Trondeleg Platform Basin
Well Classification: New-field wildcat
Objective: Late Triassic/Early Jurassic Båt Group (Åre and Tilje fm)
Comment:200 MMboe prospect that could increase interest in the nearby Lofoten area which is highly prospective (1-3 Bbo est. resources) but currently off-limits for E&P.
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EUROPE & MEDITERRANEAN CONT.
2: United Kingdom - 204/30b-D (Warwick Crest)
Well ID: 1834014584
Block Name: 204/30b
Operator: Hurricane
Spud Date: Q4 2019
Environment: Deepwater
Basin: Faroe-Shetland Basin
Well Classification: New-field wildcat
Objective: Basement
Comment:Fractured basement play similar to Lancaster. Spirit Energy to farm in and carry Hurricane on exploring Warwick and appraising Lincoln with potential full carry on development.
3: Montenegro - 4118-5 NFW
Well ID: 1225000015
Block Name: 4118-5
Operator: Eni
Spud Date: Q4 2019
Environment: Shelf
Basin: Adriatic Basin
Well Classification: New-field wildcat
Objective: Cretaceous carbonates & Palaeogene-Neogene turbidites
Comment:Likely targeting Cretaceous shelf edge & platform carbonates (potentially analogous to Zohr) with secondary Cenozoic turbidites. Only 4 previous wells offshore Montenegro, last was 1988 and deepest was 4,750m.
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EUROPE & MEDITERRANEAN CONT.
4: Algeria - Offshore Algerie Est NFW
Well ID: 1301009342
Block Name: Offshore Algerie Est
Operator: Eni
Spud Date: November 2019
Environment: Shelf
Basin: Rif Basin
Well Classification: New-field wildcat
Objective: Miocene carbonate
Comment:Offshore Algeria remains frontier, with just four wells previously drilled. Eni likely targeting carbonate play.
5: Lebanon - B4 1
Well ID: 1507000007
Block Name: Block 4
Operator: Total
Spud Date: Q4 2019
Environment: Deepwater
Basin: Levant Basin
Well Classification: New-field wildcat
Objective: Miocene clastics
Comment:First offshore exploration well in Lebanon. Targeting gas reservoir at a depth of 4,400m (BMSL).
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EUROPE & MEDITERRANEAN CONT.
6: Egypt - Ameq 1
Well ID: 1315004811
Block Name: North Thekah Offshore
Operator: EDF
Spud Date: December 2019
Environment: Deepwater
Basin: Levantine Basin
Well Classification: New-field wildcat
Objective: Miocene sandstone
Comment:Unexplored acreage on Nile Delta/Levantine Basin margin. Best Estimate 28/2/19 CPR by NSAI of 2.861 Tcfg & 17.2 MMbc. 27% CoS.
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AFRICA
1: Guinea-Bissau - Atum 1
Well ID: 1924000000
Block Name: Block 2
Operator: Svenska
Spud Date: Q1 2020
Environment: Deepwater
Basin: MSGBC Basin
Well Classification: New-field wildcat
Objective: Albian
Comment:CNOOC farming in to licence to drill well. NFW targeting Atum prospect, analogous to SNE Field. Mar 2019 Exceed awarded 12-month well management contract.
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AFRICA CONT.
2: Angola - Block 48/16 NFW
Well ID: 1902003323
Block Name: Block 48/16
Operator: Total
Spud Date: H2 2019
Environment: Deepwater
Basin: Lower Congo Basin
Well Classification: New-field wildcat
Objective: Tertiary sandstone
Comment:First well on block, outboard of existing major Lower Congo Basin discoveries. 1 well commitment by end-2019 under joint exploration agreement between Total & Sonangol.
3: Mozambique - A5-A NFW
Well ID: 1937000277
Block Name: A5-A
Operator: Eni
Spud Date: Q1 2020
Environment: Deepwater
Basin: Mozambique Basin
Well Classification: New-field wildcat
Objective: Cretaceous/Tertiary sandstone
Comment:Eni plans 1st NFWs on A5-A in Q1 2020 - 1 firm & 2 contingent wells. Drillship tendered for. Each well to take 45 days. Qatar Petroleum to farmin. Eni & XOM plan 4 wells in total in Mozambique in 2020.
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AFRICA CONT.
4: Namibia - Venus 1
Well ID: 1938000078
Block Name: 2913B
Operator: Total
Spud Date: Q1 2020
Environment: Deepwater
Basin: Orange Basin
Well Classification: New-field wildcat
Objective: Aptian sandstone
Comment:Well to target large Aptian basin-floor fan, identified from late-2016/early-2017 3D seismic with DHI signatures. Total to carry 54% of well costs.
3: Mozambique - A5-B NFW
Well ID: 1937000276
Block Name: A5-B
Operator: ExxonMobil
Spud Date: April 2020
Environment: Deepwater
Basin: Mozambique Basin
Well Classification: New-field wildcat
Objective: Cretaceous/Tertiary sandstone
Comment:XOM in 2+1 well campaign in April 2020 across 3 blocks - 1 firm well on A5-B, 2 well commitment for initial phase of A5-B licence. Eni farming in. Eni & XOM plan 4 wells in total in Mozambique in 2020.
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AFRICA CONT.
5: South Africa - Luiperd 1
Well ID: 1948000623
Block Name: Block 11B/12B
Operator: Total
Spud Date: Q1 2020
Environment: Deepwater
Basin: Southern Outeniqua Basin
Well Classification: New-field wildcat
Objective: Early Cretaceous sandstone basin-floor fan prospects
Comment:2-3 exp wells planned to commence Q1 2020 following Brulpadda gas condensate discovery. Expected to target basin-floor fan prospects in SW corner of block. Luiperd will be 1st well.
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ASIA PACIFIC
1: Indonesia - Rencong 1X
Well ID: 1012038855
Block Name: Andaman III
Operator: Repsol
Spud Date: H2 2019
Environment: Shelf
Basin: North Sumatra Basin
Well Classification: New-field wildcat
Objective: Peutu limestone
Comment:Targeting 3 Tcfg plus 124.73 MMbc in Late Eocene to Early Oligocene reefal carbon-ates. Potential to expand Peutu play to the west.
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ASIA PACIFIC CONT.
3: Australia - Sculpin 1
Well ID: 1410030288
Block Name: VIC/P70
Operator: ExxonMobil
Spud Date: Q4 2019
Environment: Deepwater
Basin: Gippsland Basin
Well Classification: New-field wildcat
Objective: Latrobe
Comment:Ultra deepwater wildcat to be drilled outboard of the 2018 Baldfish and Hairtail discoveries.
2: Malaysia - Kesidang 1
Well ID: 1014002447
Block Name: SK-408
Operator: Sapura
Spud Date: Q4 2019
Environment: Shelf
Basin: Greater Sarawak Basin
Well Classification: New-field wildcat
Objective: Late Miocene carbonates
Comment:First well of new drilling programme. Previous drilling campaign in the block yielded 7 discoveries with a total in-place gas resource estimate of 6 Tcfg.