Tullow Oil plc (Tullow) announces that the Gharabi-1 well, located in Block 6 offshore Mauritania, was unsuccessful and has been plugged and abandoned.
The well, drilled by the Maersk Deliverer(photo) in water depths of 1,787 metres to a total depth of 4,433 metres, intersected poorly developed water-bearing reservoirs. Gharabi-1 was drilled by the Operator Petronas to meet a commitment on the block and the result has no impact on Tullow’s future plans for its Mauritanian acreage.
In Block 6, Tullow (22.4%) is partnered by Petronas (72.6% operator) and Roc Oil (5%).
Tullow is a leading independent oil & gas, exploration and production group, quoted on the London and Irish Stock Exchanges (symbol: TLW) and is a constituent of the FTSE 100 Index. The Group has interests in over 85 exploration and production licences across 23 countries and focuses on four core areas: Africa, Europe, South Asia and South America.
In Africa, Tullow has production in Ghana, Gabon, Côte d’Ivoire, Mauritania, Congo (Brazzaville) and Equatorial Guinea with two large appraisal and development programmes in Ghana and Uganda. Tullow also has exploration interests in Gabon, Côte d’Ivoire, Liberia, Sierra Leone, Mauritania, Senegal, Congo (DRC), Tanzania, Madagascar, Namibia, Kenya and Ethiopia.
Tullow’s European interests are primarily focused on gas in the UK Southern North Sea where it has significant interests in the Caister-Murdoch System and the Thames area. The company also has interests offshore the Netherlands.
In South Asia, Tullow has exploration and production in Bangladesh and exploration interests in Pakistan. In South America, Tullow has exploration interests in Guyana, French Guiana and Suriname.
Source:Tullow, February 16, 2011