Location
- Offshore northern Peru in shallow to deep water depths
- Straddles the Talara and Tumbes basins
- Talara is the country’s most prolific oil & gas producing basin (1.6 billion barrels of oil)
- 70km from a refinery
- Peru currently an oil importer
TEA LXXXVI executive summary
- 4,858 Km2 licence
- Includes the excised 27Mbo Corvina field
- 3D and 2D historic seismic data available
- Manageable work program
- Surrounded by historical hydrocarbon discoveries
- Held in partnership with Jaguar Exploration Inc (GLV 80% - JAG 20%)
| Period | Term | Jobs / Activities |
|---|---|---|
| First | Twelve Months | Reprocessing of 1000 km2 of 3D seismic data. |
| Amplitude versus offset (AVO) studies. | ||
| Second | Twelve Months | Geological and Geophysical Studies, including 3D seismic |
| interpretation, seismo-stratigraphic and structural analysis. | ||
| Catalog of prospects and leads. | ||
| Integrated Final Report of the work carried out. |
Historical exploration
- 1970’s wild cats not followed up for fifty years
- Xxkm 2D and xxKm2 of 3D seismic available
- 2020 exploratory well not drilled down to main reservoir unit
- Billion barrel potential according to PeruPetro’s leads and prospects
Current prospects (Bonito)
- 2U ~500MMSTB
- 82 Km2 late fold anticline - ~500m of closure
- Primary target – Zorritos fm ~3km
- Direct analogue are 30km t NE similar depositional setting
- Albacora flowed 5,246 bopd at a deeper depth
- Within closure of upper horizon but reservoir rock is uncertain
- 400-600m water depth
- Key risk is reservoir and timing of trap
Historical exploration
