|
 Cuba
Petroleo Releases Most Recent Oil Exploration Results in
Gulf of Mexico
HAVANA, Cuba, Aug 6 (ACN)
Cuba’s Cubapetroleo oil company issued a press release,
published on Granma newspaper on Monday, explaining that
exploration activity in a well located in the Cuban
exclusive economic zone in the Gulf of Mexico resulted in
the identification of an active oil reserve but with no
capacity to be considered a commercial finding.
The press release says
that drilling activity
by the PC Gulf and
GAZPROMNEFT Oil
companies concluded
drilling activity last
July 31 at the Marina
Catoche 1x oil well, at
a 4 666-meter depth by
using the Scarabeo-9
rig.
Geological
interpretation of the
geophysical records of
the well revealed the
existence of an active
oil system, which could
expand to other zones in
the four blocks under
drilling contract by PC
Gulf and GAZPROMNEFT,
and even beyond their
limits. However, the
press releases explains
that at that point the
rocks are very compact
and have no capacity to
deliver significant
amounts of oil and gas,
therefore it cannot be
described as a
commercial finding.
The two companies
continue to consider the
geological and
geophysical information
collected during the
drilling of the well and
over the next months
they will carry out a 3D
seismic evaluation
covering those sectors
with the best prospects,
already identified in a
2D seismic study
undertaken in 2009. The
action will allow for a
more accurate
identification of the
potential of the blocks
under contract, the
press release points
out.
The Scarabeo-9 rig will
now be transferred to
Venezuela’s PDVSA Oil
company to kick off the
drilling of a well named
Cabo de San Antonio 1,
also in deep waters of
the Cuban Economic Zone
in the Gulf of Mexico,
the release concluded.
|
