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Fourth oil discovery for Apache/Total
in Surinam's block 58

Surinam offshore block 58

By United News

Petroleumworld 01 18 2021

The year has started well for the oil and gas industry in Suriname. This week, a commercially recoverable amount of oil was discovered in Block 58 for the fourth time.

Concessionaires Apache Corporation and Total SA confirmed the oil discovery in the Keskesi East-1 exploration well. This is the fifth oil discovery in the Surinamese maritime area. Late last year, Petronas also reported an oil discovery in Block 52.

At a depth of 725 meters, approximately 63 meters of recoverable carbon has been confirmed, of which at least 58 meters consists of petroleum. A substantial amount of natural gas was also encountered. There is talk of good quality oil and gas.

Kevin McLachlan, Vice President of Total welcomes the discovery. "We are pleased to announce that this is a new discovery, which confirms that the first exploration campaign has been a great success," says the enthusiastic Total boss.

The first oil discovery in Block 58 took place exactly one year ago when Maka Central-1 was drilled. Later that year, two more successful wells were drilled in Block 58. In December, Petronas and ExxonMobil announced that they had stumbled upon oil in Block 52, although no detailed information was released on the extent of the discovery.

With the fourth discovery in Block 58, it is virtually certain than Suriname now has at least 1.5 billion barrels of recoverable oil. Within weeks, official information will be released on the actual size of Central Maka-1 and what the development program will look like.

Story from United News
01 14 2021


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