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With US oil giant ExxonMobil cutting its maiden well in the offshore Canje Block, the Government of Guyana anticipates more similar exploration and production activities there.

This is according to Natural Resources Minister Vickram Bharrat in a statement on Thursday.
On Tuesday, it was reported that Esso Exploration and Production Guyana Limited (EEPGL), a subsidiary of ExxonMobil, had begun drilling its first exploration well – Bulletwood-1 – in the Canje Block, marking the first feed to that block to search for oil.
Minister Bharrat said, “The Ministry of Natural Resources is pleased with these reports, and looks forward to further prospects for exploration and production in this area.”
The 180 km Canje Block lies offshore Guyana in deep waters to higher depths with an area of approximately 4800 sq km. The operator of this block is ExxonMobil with a 35 percent interest, while Total also has 35 percent, JHI and 17.5 percent, and Mid-Atlantic Oil & Gas Inc., interest of 12.5 percent.
The Bulletwood-1 well is the first well to be drilled in the Canje block, and was interrupted by Stena Carron drilling which began drilling on December 31, 2020 at a water depth of 2846m.
This well is said to be highly potent, with an environment of disposal unique among offshore Guyana blocks in that it includes a continental slope and basin floor land.
