The Baja-1 find in Suriname’s Block 53 is being assessed for development, APA Corporation stated in its Q2 earnings report.
It was the first ever for Block 53, made back in August last year.
Baja-1 was drilled to a depth of 5,290 metres (17,356 feet) and encountered 34 metres (112 feet) of net oil pay in a single interval within the Campanian. Preliminary fluid and log analysis indicates light oil with a gas-oil ratio (GOR) of 1,600 to 2,200 standard cubic feet per barrel, in good quality reservoir.
The discovery at Baja-1 is a down-dip lobe of the same depositional system as the Krabdagu discovery, 11.5 kilometres to the west in Block 58. Evaluation of open-hole well logs, cores and reservoir fluids is ongoing.
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Baja-1 was drilled using the Noble Gerry de Souza in water depths of approximately 1,140 metres (3,740 feet).
APA is the operator and holds a 45% working interest in Block 53, with Petronas holding a 30% working interest and CEPSA holding a 25% working interest.
