Tullow Oil has announced that its drilling operations at the Jaguar-1 well in the Georgetown Block, Guyana, have ended.
In a statement, it said that the well will be plugged and abandoned at a depth of 4,876 metres, without reaching the primary objective.
"The decision to stop drilling at this point was unanimously agreed by all partners based on safety criteria and was taken after reaching a point in the well where the pressure design limits for safe operations prevented further drilling to the main objective," it said.
It added that Jaguar-1 was a high pressure, high temperature well which was spudded in February 2012 using the Atwood Beacon rig and whilst the primary Late Cretaceous objective was not reached, samples of light oil were successfully recovered from two Late Cretaceous turbidite sands above the primary objective.
