Project Profile
Location: south of Port-Gentil, offshore Gabon
Reserves (Sputnik only): 427 million barrels (gross unrisked oil resources)
Depth: 1,000 - 3,200 m
Sputnik is a pre-salt prospect located in roughly 3,200 feet of water in the Arouwe Block offshore Gabon. Exploratory drilling is expected to take place in 3Q 2014 targeting an estimated 427 million barrels in gross unrisked oil resources. Perenco’s Sputnik-1 well, in the Arouwe block offshore Gabon, has encountered non-commercial hydrocarbon pay. The Sputnik-1 well, targeting a pre-salt structure in Gabon’s offshore Arouwe block, has encountered non commercial hydrocarbon pay in up to 300 metres of net sandstone reservoir. The Vantage Tungsten Explorer drillship, drilled Sputnik-1 to a final depth of 4,868 metres in water depths of 1,023 metres. The rig will now leave the Arouwe block and the results of this well will be incorporated into wider understanding of the region. Tullow Oil is Perenco’s partner in the block.
Operators:
Perenco: Operator with 35% interest
Tullow Oil: 35% interest
ExxonMobil: 30% interest
Contractors:
Vantage Drilling: Drilling contract using the Vantage Tungsten Explorer drillship