Repsol offshore well to be deepest in region

Little Moesha Bess of the St. Margaret’s Primary School cuts the ribbon to formally open Spanish oil giant, Repsol’s office in Guyana as (from left to right) Spain’s Ambassador to Guyana, Joaquin Aristegui, Repsol’s Exploration Director (Latin America), Joseba Murilla, Repsol’s Caribbean Regional Executive Director, Alvaro Racero and Prime Minister Samuel Hinds look on last evening. The office is in Duke Street, Kingston.

The exploratory ‘Jaguar 1’ oil well to be drilled offshore Guyana next year will be the deepest ever drilled in the region, at a depth of four miles, officials of Spanish oil giant, Repsol said as the company formally opened its Duke Street office here last evening.

“Jaguar 1 has been approved to drill to a TD (total depth) of 21, 485 feet. That’s approximately four miles below the surface of the earth,” said Allan Kean, Repsol’s Atlantic Basins Exploration Manager. “That’s our plan and it’s gonna be… a very challenging and difficult well but I think we’re up to the task”,