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Block 58 explorers look to Sapakara for continued success offshore Suriname

Apache and Total, 50-50 partners in Suriname’s Block 58, said their next well – Sapakara West-1 - will test the same-aged upper Cretaceous intervals...

Suriname refinery to shut down for 40 days

Suriname state oil company Staatsolie Maatschappij will undertake a major maintenance operation at its Tout Lui Faut Refinery, located 20km south of Paramaribo in...

Apache defies skeptics with major South American oil discovery

(Bloomberg) Apache Corp. proved skeptics wrong with a major discovery off the northeast coast of South America, a hotly anticipated oil target that investors had...

Suriname discovery contains 300 million barrels of oil, over 1 trillion...

UK-based global energy consultancy group Wood Mackenzie says based on its estimate the discovery announced last week off the coast of Suriname could contain...

Potential for ‘prolific oil wells’ seen in historic discovery offshore Suriname

Apache’s historic oil discovery offshore Suriname has opened a new chapter in the potential of the Guyana-Suriname basin which the US Geological Survey (USGS)...

Explorers hopeful Suriname discovery signals extension of Stabroek mega oil play

Explorers have been looking closely at the multi-billion-barrel oil resource at Guyana’s Stabroek Block with hopes that this prolific petroleum system stretches across to...

Apache’s stock rockets toward biggest gain in nearly 50 years after...

Shares of Apache Corp. on Tuesday surged toward their biggest one-day gain in nearly 50 years, after the oil-and-gas company announced a “significant oil...

Apache makes significant oil discovery offshore Suriname

Apache Corporation (NYSE, Nasdaq: APA) and Total S.A. (NYSE: TOT) today announced a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58....

Total enters multi-million dollar farm-in deal with Apache for Suriname acreage

French oil company Total (TOTF.PA) said on Monday that it would pay a bonus of $100 million as part of its previously announced deal...

Data from dry holes ‘sharpen chances of success’ in future exploration...

Despite encountering 6 dry holes in its Nearshore Drilling Project (NSD), Suriname state oil company Staatsolie says the campaign allowed for valuable data to...