Shell Spuds Third Well in French Guiana Program

Printer Friendly Version
Email this Page

Northern Petroleum Plc announced that GM-ES-4, the third well of the current four well exploration program in the Guyane Maritime Permit (French Guiana) has been spud by Shell as Operator May 3.

Northern through holding 50 per cent of Northpet Investments Limited, owns a net 1.25 per cent interest in the offshore exploration license Guyane Maritime. Northern is in partnership with Shell (Operator, holding 45 percent), Total (25 percent), Tullow Oil (27.5 percent) and Wessex Exploration (also holding 1.25 percent through owning the remaining 50 percent interest in Northpet Investment Limited).

"This is a new, exciting opportunity for the joint venture to further establish the oil production potential in French Guiana. We look forward to the results of this well with great interest," Chief Operating Officer of Northern Keith Bush stated.

Printer Friendly Version
Email this Page


Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Reservoir Engineer (A&D)
Expertise: Petroleum Engineering|Reservoir Engineering
Location: Dallas, TX, TX
Offshore Installation Manager (OIM)
Expertise: OIM
Location: Seattle, WA
Riser Engineer
Expertise: Structural Engineering|Subsea Engineering|Umbilicals, Risers and Flowlines
Location: Houston, TX
search for more jobs

Brent Crude Oil : $56.54/BBL 8.90%
Light Crude Oil : $52.53/BBL 7.72%
Natural Gas : $2.76/MMBtu 2.12%
Updated in last 24 hours