Project Profile
Location: Pelotas Basin 250km offshore, Uruguay
Area: 6,690 km²
Water depth: 2,000 to 3,500 metres
Total has been awarded an exploration license for Uruguay’s offshore Block 14, following the second bidding round held by the national company, ANCAP. Block 14 has a surface area of 6,690 km² and is located in the Pelotas Basin 250 km offshore. Water depths in this highly-promising and under-explored area range from 2,000 to 3,500 metres. Block 14 is located offshore Uruguay. In 2016, Statoil Uruguay B.V. (Statoil) agreed with Total E&P Uruguay B.V. (Total) to acquire 15% working interest in the exploration block. Total retains a 50 % working interest. The partnership also includes ExxonMobil Exploration and Production Uruguay B.V. with 35% working interest.
Operator:
Total E&P Uruguay B.V. (Total): Operator with 50% interest
Statoil Uruguay B.V. (Statoil): 15% interest
ExxonMobil Exploration and Production Uruguay B.V.: 35% interest
Contractors:
Maersk Drilling: Contract for the drillship Maersk Venturer. The contract covers one exploration well (estimated duration 120 days) in Block 14 offshore Uruguay. The estimated contract value for the programme is US$44m excluding mobilisation. The drilling programme is expected to commence in March 2016. (December, 2015)
Fugro: To provide ROV and tooling services in the Raya-1 field, subsea tooling and a field support vessel. (August, 2016)