Tullow, Partners Spud Well Offshore Guyana

Tullow Guyana B.V. and partners Total E&P Guyana B.V. and Eco Atlantic Oil & Gas Ltd. have started drilling its first exploration well on the Jethro-Lobe prospect offshore Guyana, Eco announced Friday.

Jethro-Lobe, located on the Orinduik Block, was spud July 4 using the Stena Forth drillship. It’s the first prospect of a two-well program and will be immediately followed by the drilling of an exploration well on the Joe prospect.

“Today Eco Atlantic’s first Guyana well has been spud, three years ahead of our Petroleum Agreement commitment. This is the start of a hugely exciting time for the company,” Eco CEO Gil Holzman said in a company statement. “Jethro Lobe will test the Lower Tertiary aged turbidites, as well drilling down into the Cretaceous…with fifteen leads and prospects identified on the Orinduik Block, and funding to drill six potential exploration wells beyond the two currently planned, this is only the start of a fascinating and potentially transformational time for the Company.”

Tullow is the operator of the Orinduik Block and holds a 60 percent working interest. Total has a 25 percent working interest and Eco holds 15 percent working interest. The companies estimate the well will take up to 40 days to drill.