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Block14PelotasBasinUruguay,SouthAmerica

Raya1well,aworldrecordbreaker

ProjectProfile
Value:Undisclosed
Location:PelotasBasin250kmoffshore,Uruguay
Area:6,690km
StartupYear:
Waterdepth:2,000to3,500metres

TotalhasbeenawardedanexplorationlicenseforUruguaysoffshoreBlock14,followingthesecondbiddingroundheldbythenationalcompany,ANCAP.Block14hasa
surfaceareaof6,690kmandislocatedinthePelotasBasin250kmoffshore.Waterdepthsinthishighlypromisingandunderexploredarearangefrom2,000to3,500
metres.Block14islocatedoffshoreUruguay.In2016,StatoilUruguayB.V.(Statoil)agreedwithTotalE&PUruguayB.V.(Total)toacquire15%workinginterestinthe
explorationblock.Totalretainsa50%workinginterest.ThepartnershipalsoincludesExxonMobilExplorationandProductionUruguayB.V.with35%workinginterest.

Operator:

TotalE&PUruguayB.V.(Total):Operatorwith50%interest

StatoilUruguayB.V.(Statoil):15%interest

ExxonMobilExplorationandProductionUruguayB.V.:35%interest

Contractors:

MaerskDrilling:ContractforthedrillshipMaerskVenturer.Thecontractcoversoneexplorationwell(estimatedduration120days)inBlock14offshoreUruguay.The
estimatedcontractvaluefortheprogrammeisUS$44mexcludingmobilisation.ThedrillingprogrammeisexpectedtocommenceinMarch2016.(December2015)

ProjectInformation

Apr04,2016

The Raya1 well is a world record breaker. It is the deepest offshore well by water depth ever to be drilled. Using a drillship owned by the Danish drilling
contractor Maersk Drilling, Total, a Francebased oil company is hoping to unearth oil and/or gas from the well sitting in water depth of 3,400 metres, beating
the current record of 3.170 metres set by ONGC off the coast of India. The well is so deep below the water surface that it almost meets the maximum
operating depth of the Maersk Venturer drillship of 3,600 metres. Total will be drilling 3,000 metres below the seabed, hoping to strike an elephant discovery.
The drilling operation on the Raya1 well started on Wednesday, March 30 2016 and it will take around 100 days to complete. Total is drilling the well in
cooperation with the U.S. oil company Exxon Mobil.

Feb08,2016

Statoil Uruguay B.V. (Statoil) has agreed with Total E&P Uruguay B.V. (Total) to acquire 15% working interest in offshore exploration block 14 in Uruguay.
Block 14 is located in the Pelotas basin of the SouthAtlantic Ocean. Statoil has acquired 15% working interest from operator Total. This transaction is
pending governmental approval. Total retains a 50 % working interest. The partnership also includes ExxonMobil Exploration and Production Uruguay B.V.
with 35% working interest. Total has completed an extensive data collection programme, including acquiring new 3D seismic data covering the block. The
partnership is now preparing to drill the Raya prospect during the first half of 2016. Block 14 was awarded to Total in 2012. Based on the results of the Raya
well, the partnership will decide further steps.

Dec03,2015

Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major Total. The contract covers one exploration well (estimated
duration 120 days) in Block 14 offshore Uruguay. The estimated contract value for the programme is US$44m excluding mobilisation. The drilling programme
is expected to commence in March 2016.

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Projectclassification

STATUS: CATEGORY: ON/OFFSHORE:

UPSTREAM AWARDED EXPLORATION DRILLING SUBSEA OFFSHORE

Projectoperators

Total(Argetina)
Ruiz Huidobro 1691
Piso 5 Depto B
Ciudad De Buenos Aires 1429
Argentina

CONTACT

Telephone:++541147019963
Web:http://www.total.com

ExxonMobil(USA)
13501 Katy Fwy
Houston
TX 77079
United States of America

CONTACT

Telephone:++12818706000
Fax:++12818706661
Web:http://www.exxon.com

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Projectmaincontractors

MaerskDrilling CONTACT

Telephone:++17133464300
2500 City West Boulevard
Fax:++17137839409
Suite 1850
Web:http://www.maerskdrilling.com
Houston
Texas 77042
United States of America

Projectsubcontractors
Nosubcontractorslisted

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Projectnotes

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