Related documents

August 2020
Group Licence list

Current exploration, development and production interests.

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In June 2019 Tullow started operating in Perú with a 35% equity farm-in into block Z-38 and 100% operated equity into lot Z-64.

Tullow is also working closely with the government to secure additional licences.

The Marina-1, non-operated exploration well, drilled in block Z-38 offshore Peru in Q1 2020 did not encounter significant hydrocarbons. The well was drilled to a total depth of 3,022 metres in 362 metres of water and was plugged and abandoned.

On Friday 17th July Tullow Peru signed the contracts for two new operated Exploration licences in blocks Z-67 and Z-68, located offshore in the Ancash region in Peru.

Blocks Z-67 and Z-68 lie approximately 700km south of Tullow’s existing Z-38 and Z-64 licences. These new blocks are situated between 80 and 160 kilometres from the coastline and extend to a combined area of approximately 12,000km2.

Equivalent basins within the same geological context typically have a recoverable resource density of around a billion barrels (Bboe) per 10,000km2 with individual field sizes in the order of hundreds of millions of barrels (mmboe) recoverable, which provide an encouraging indication of the significant resource potential and value that could materialise within this frontier acreage.

Acerca de Tullow en Perú

En junio del 2019 Tullow ingresó al Perú con una participación no operada de 35% en el lote Z-38 y como operador con 100% de participación en el lote Z-64. Se está trabajando con el Estado para obtener contratos adicionales.

El pozo de exploración no operado Marina-1, perforado en el lote Z-38 offshore en Perú durante el primer trimestre del 2020, no encontró cantidades significativas de hidrocarburos. El pozo fue perforado a una profundidad total de 3,022 metros en 362 metros de agua y luego fue sellado y abandonado.