Mozambique: Dry well in Area 2


In a rare failure for exploration offshore Mozambique, Statoil’s Buzio-1 exploration well in Area 2 has failed to find hydrocarbons and will be plugged and abandoned. The Buzio-1 well is the second deep-water exploration well drilled in Area 2 and targeted stratigraphic traps in channel systems of Tertiary and Upper Cretaceous ages. The Discoverer Americas drillship drilled Buzio-1 to a final depth of 3,333 metres in water depths of 1,534 metres.