OFFSHORE
World-Class Prospects
  Regional Overview
  Guyana Exploration
  Basin Potential USGS
  Geology & Prospectivity Report
  Maritime Border Dispute
Corentyne Licence
  Work Program
  Fiscal Regime
  Seismic Program
  Prospects
    Eagle
    Wishbone
    Annex
    Horseshoe
Georgetown Licence
  Turbidite Trend
  Berbice Canyon
Pomeroon Licence
  East Venezuela Basin
 

Offshore | World-Class Prospects | Guyana Exploration

  Corentyne Licence
(CGX 100%)
     
  3.8 million acres
  11,000 km of vintage (1973-1990) seismic
  1,800 km (1999) state-of-the-art 2-D seismic
  536 sq km 3-D seismic program commenced in October 2008
  Independent resource estimate by Gustavson Associates provides P50 resource estimate of 2.7 billion barrels
    Uphole Tertiary Targets
      Eagle — 545 mmbbl potential
      Wishbone — 439 mmbbl potential
    Cretaceous Basin Floor Fan Targets
      Eagle Deep West — 859 mmbbl potential
      Eagle Deep East — 904 mmbbl potential
         
  Georgetown Licence
(CGX 25%, Repsol 45%, Tullow 30%)
     
  2.8 million acres
  1,700 km (1999) 2-D seismic
  1,650 sq km 3-D seismic program commenced in October 2008
  Giant potential
    CGX estimates similar potential in turbidite trend
    Repsol estimates >1 billion bbls in Canyon play
  Pomeroon Licence
(CGX 100%)
     
  2.8 million acres
  Five turbidite leads on vintage seismic
  Exploration postponed because of Venezuelan border claims
         
  Exxon Licence
(Exxon 100%)
     
  17 million acres off the edge of the continental shelf
  Aeromag survey in 2000
  55,000 sq km 2-D seismic program commenced in September 2008
 
     
  Disclaimer: There have been oil and gas shows in many of the 30 wells that have been drilled offshore Guyana and Suriname, but no discoveries. As a result, there are no hydrocarbon reserves attributable to these properties, only an estimate of resource potential based on wellbore and seismic analysis, and analogy to known reservoirs in the Atlantic margin.
     
    Disclaimer ||| Glossary ||| Privacy