Tullow Oil has failed to find oil at an exploration well in Mozambique, and ended operations at the site (release).
Buzio-1 exploration well in Area 2 offshore Mozambique has not encountered hydrocarbons and, following the completion of logging operations, has been plugged and abandoned.
The Buzio-1 site is the second deepwater exploration well in Area 2, where Tullow found "good quality water bearing reservoir sandstones".
Tullow's Discoverer Americas drill ship drilled tghe site to a depth of 3,333 metres in water depths of 1,534 metres.
Angus McCoss, exploration director, Tullow Oil:
Having encountered hydrocarbons with the Cachalote-1 well, we have acquired valuable information from the Buzio-1 dry hole. We will now combine the data from both offshore Mozambique wells with our extensive seismic in this licence area and determine our next steps.