Chevron is expected to drill a well in Suriname’s Block 5 next year, a shallow asset. Annand Jagesar, Head of state oil company Staatsolie, shared this with reporters in Brazil on the sidelines of the ROG.e 2024 conference, an Upstream Online report stated.
Jagesar also said that TotalEnergies will spud a well in Block 64 and Block 8 in 2026, and then one by Petronas in Block 63.
Block 5 is located offshore Suriname in shallow water depths of about 30-45 meters.
Geo Expro said that the exploration potential in Suriname’s shallow offshore area is underscored by the extension of the Campanian-Santonian distal shelf and intra-slope turbidite plays from offshore Guyana into Suriname.
Substantial discoveries have been made by companies like APA and TotalEnergies in Block 58, with the recent success of the Roystonea-1 exploration well in Block 52, drilled by Petronas and ExxonMobil in late 2023, further extending the play eastward.
Chevron is operator with a 40% stake alongside QatarEnergy (20%) and Paradise Oil Company, an affiliate of Suriname’s national oil company Staatsolie, will hold the remaining 40%.
