January 2, 2020 / 7:52 AM / 2 months ago

Tullow, Repsol strike low-sulphur crude in offshore Guyana

Jan 2 (Reuters) - Africa-focused oil producer Tullow said on Thursday its Spanish partner Repsol had struck crude oil in a new well offshore Guyana, in promising news for a project which has become increasingly important to the London-listed firm.

The Carapa well in the Kanuku offshore block contains oil with a sulphur content of less than 1% and 27 degrees API, Tullow said, adding that it was encouraged by the quality of the oil despite encountering net pay and reservoir development below its pre-drill estimates. (Reporting by Pushkala Aripaka in Bengaluru and Shadia Nasralla in London; Editing by Subhranshu Sahu)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below