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Saturday, February 27, 2021

Apache to drill deeper at Maka-1 wildcat offshore Suriname

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OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

Apache Corporation (NYSE, Nasdaq: APA) said Monday upon reaching a depth of approximately 6,200 meters at the Maka Central – 1 well offshore Suriname at Block 58, the company elected to conduct various testing activities in two distinct Upper Cretaceous play types.

“Following the completion of these tests, the company will set casing, make equipment modifications to the rig, and resume drilling in mid-December to evaluate a third play type in the Cretaceous,” Apache said.

The new target depth of the well is approximately 6,900 meters. “Following the drilling operations, further testing and evaluation will be conducted as appropriate,” the company stated.

OilNOW understands that the decision by Apache to drill deeper at the Maka Central – 1 prospect could be as a result of the company encountering positive signs of hydrocarbons at the initial depth tested. Drilling deeper could verify the potential presence of petroleum.

The prospect borders some of Stabroek Block’s most productive areas in Guyana and is said to be near Haimara, the ExxonMobil group’s south-easternmost find near the two countries’ maritime border.

Block 58 covers an area of 5,844 km2 and is located approximately 150km off the Suriname coast. The block lies in water depths of 55-2,250m.

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