On 3 July 2020, the Ministry of Energy and Mines (MINEM) has given approval to Perupetro to proceed with the award of an exploration and exploitation of hydrocarbons contract in Block Z-67 to Tullow Oil plc. The 5,900 sq km block is locate offshore overlapping the Trujillo, Pacific Coastal, Salaverry, Lima, Yaquina basins off the coast of Santa, and Viru provinces. The block is situated to the west of technical evaluations area (TEA) Area LXXXIII operated by BP Exploration Operating Co. Ltd. Water depths across the block ranges from   According to the decree Block Z-67 consist of a preliminary clause, 23 clauses and 10 annexes, in addition to the intervention of the Central Reserve Bank (BCR) to guarantee the contractor company. There have been no wells drilled in the block to date, the block is however sparsely populated with 2D seismic. The nearest well to the block is located just 7 mi (11 km) from the northern block boundary. That well, the Delfin 1 was drilled by Oxy in 1971 to a total depth of 8,756 ft (2,669 m) in 390 ft (119 m) water depth. The well was P&A dry and reached total depth in basement.  The award comes after an original award of five blocks in 2018 to Tullow was declared unconstitutional based on a lack of consultation with the local fishing community which requires all communities be consulted prior to the award of a contract. Now that Blocks Z-64, Z-67 and Z-68 have been awarded, Tullow continues to negotiate with Perupetro on the remaining two blocks of the five which include Z-65 and Z-66. These remaining two blocks are located in a highly perspective fishing area and are likely going to take longer in the negotiations process with local fishing communities.
Peru (Trujillo B.) Block Z-67 op. by TULLOW (100%), the Ministry of Energy and Mines (MINEM) has given approval to Perupetro to proceed with the award of an exploration and exploitation of hydrocarbons contract in Block Z-67 to Tullow Oil plc. The 5,900 sq km block is locate offshore overlapping the Trujillo, Pacific Coastal, Salaverry, Lima, Yaquina basins off the coast of Santa, and Viru provinces.