1 Tcf Discovered Gas Resource One of the largest undeveloped offshore gas discoveries on the west coast of South America, strategically positioned to supply growing energy markets in Northern Peru and Southern Ecuador. 1 Tcf (2C) 2.65 Tcf (3C) 99% Methane 4-10km Offshore A Strategic Gas Resource Independently assessed by RISC Advisory Proven gas discovery… Continue reading Piedra Redonda Gas Field
Author: Amanda Roberts
Caballa Prospect
Robust, fault-related trapping geometry identified at the Zorritos and Heath levels, defined by 2D seismic data. Deeper Heath level offers stacked potential and is characterised by reduced faulting. Structure located at a focus of migration from oil-mature Heath source kitchen. Zorritos structure > 60 km2. Several analogous features identified on the 2D data. Opportunity to… Continue reading Caballa Prospect
Salmon Prospect
Robust structural lead at Zorritos level, with associated amplitude anomalies at shallower levels (Cardalitos & Tumbes). Located within centre of the basin above Heath Formation source rocks, with structure a focal point for migration pathways. Vertical migration up faults is also likely. There are also secondary objectives in the Cardalitos Formation and in the Tumbes… Continue reading Salmon Prospect
Tiburon Prospect
Extensive, stacked, fault-related trapping structures mapped on 2D seismic data. Deep-water clastic turbidite reservoirs in the Upper Zorritos with secondary potential in Heath Formation sands. Zorritos structure >100 km2. The Tiburon prospect offers the opportunity to not only test a large Zorritos resource but also target the potential for Heath reservoir to prove up a… Continue reading Tiburon Prospect
About Tumbes Basin
Depositional System The Tumbes Basin is a forearc basin west of the Andes, above the subducting Pacific oceanic plate. 10 km of sedimentary fill with multiple source, seal and reservoir sequences ranging in age from Eocene to Recent. Primary play interval focused on Zorritos Formation, which has yielded the majority of the discoveries in the… Continue reading About Tumbes Basin
Raya Prospect
The combined structural & stratigraphic trap sealed by the Zorritos Unconformity covers 46 km2. Shallow water target ~80m water depth. Sealing Cardalitos shales above the Zorritos Unconformity and intra-formational shale seals within the Zorritos. There are several potential reservoirs that could be sealed by the unconformity with potential for stacked pay. The red/yellow response seen… Continue reading Raya Prospect
Bonito Prospect
Prominent basin centre high with up to 100 km2 of closure located directly above Heath Formation shales at peak oil maturity. Intensity of faulting decreases with depth meaning that deeper reservoirs within the Zorritos Formation have lower seal risk. Zorritos Formation comprises deepwater facies interpreted to contain intra-slope channels and basin floor turbidites which are… Continue reading Bonito Prospect
Tumbes Exploration Portfolio
Tumbes Exploration Portfolio The Giant: A World-Class Exploration Portfolio 3.3 Billion Barrels (2U) Prospective Resources Five high-graded prospects and more than 20 additional leads across a 4,858km² position in Peru’s offshore Tumbes Basin. WHY THE TUMBES BASIN? Proven hydrocarbon system Proven Zorritos reservoir targets Direct migration pathways from mature source kitchens Multiple trap types and… Continue reading Tumbes Exploration Portfolio