In the second quarter of 2013, Tullow reached an agreement with Repsol to secure a 30% interest in the newly defined Kanuku Block offshore Guyana. In early 2016, Tullow was awarded a 60% operated interest in the Orinduik licence, a 1,776 square kilometre block offshore Guyana.
In early 2018, Tullow agreed to increase its equity share in the Kanuku licence, offshore Guyana, from 30% to 37.5% in a farm-in deal with Repsol.
exploration & appraisal
Following acquisition of new 3D seismic on the licence in 2017, technical and commercial ranking of potential prospects across both the Kanuku and Orinduik licences is ongoing.
Tullow plans to drill two consecutive exploration wells in the second half of 2019 on the Orinduik licence with the Stena Forth drillship. The first well will target the Lower Tertiary Jethro prospect and drilling is expected to commence at the end of June and take approximately 40 days. The rig will then move to drill the Upper Tertiary Joe prospect. The Rowan EXL II jack-up rig has also been contracted to drill the Cretaceous Carapa prospect in the non-operated Kanuku licence and is expected to commence operations in August.