Wednesday, February 8, 2023

TotalEnergies comes up dry again at Suriname’s most promising block

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APA Corporation, a 50% stakeholder in the offshore Block 58, provided updates on operations, Monday.

The most recent exploration well drilled by operator, TotalEnergies, is non-commercial. Titled Awari, the well is situated in the previously untested northwest portion of Block 58.

The Block disappointed last year as well when the partners announced that appraisal drilling at Keskesi found no commercial oil.

Massive 30 billion barrels of oil now estimated offshore Suriname – Staatsolie VP | OilNOW

The partners will now set their sights on the Sapakara South-2 (SPS-2) appraisal well. APA said the joint venture will commence flow-test operations following drilling to the targeted Maastrichtian-Campanian formation. Results are expected next month. SPS-2 is located approximately 4.6 kilometres (km) south of Sapakara South-1.

The government of Suriname is waiting for TotalEnergies to decide on a development in the Block, where five discoveries have been made. A decision is expected in 2023.

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