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Repsol strikes out at Canary Island offshore drill

16th January 2015

Repsol has finished drilling its Canary Island offshore wildcat on 11 January, a total depth of 3,093 metres (882 metres of water depth and 2,211 metres of subsoil) was reached and the collection of data on the traversed geological formations was completed

Repsol has finished drilling its Canary Island offshore wildcat on 11 January, a total depth of 3,093 metres (882 metres of water depth and 2,211 metres of subsoil) was reached and the collection of data on the traversed geological formations was completed
The Rowan Renaissance drillship will return to Angola to continue with Repsol’s exploration programme in that country.

The samples obtained in the exploratory survey known as Sandia confirmed the existence of gas, although without the necessary volume nor quality to consider future extraction.

The well will be sealed throughout the next week under the strictest safety protocols, the same that have been applied during the entire exploratory drilling campaign.

The Rowan Renaissance drillship will return to Angola to continue with Repsol’s exploration programme in that country.

At the start of this campaign, Repsol estimated the possibility of finding hydrocarbons at between 15 per cent and 20 per cent. The company carried out the campaign in the belief that a discovery of hydrocarbons would be beneficial for the Spanish economy.

The excellence of all operations related to this campaign was achieved thanks to the deployment of top professionals – not only from Repsol, but also from other contracted companies, some of them from the Canary Islands – and the use of cutting-edge technology such as the Rowan Renaissance dynamically-positioned UDW drillship, which was supported by four other vessels.

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