Exploration/discoveries

ExxonMobil Discovers Hydrocarbons Offshore Suriname

ExxonMobil and Petronas discovered hydrocarbon-bearing zones in an exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s finds in the Guyana-Suriname basin.

Offshore platform Exxon_MaerskDeveloper
Credit: Maersk

ExxonMobil and Petronas have discovered several hydrocarbon-bearing sandstone zones with good reservoir qualities in the Campanian section of the Sloanea-1 exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s finds in the Guyana-Suriname basin. The well was drilled by operator Petronas.

ExxonMobil said in November that it is prioritizing near-term capital spending on advantaged assets with the highest potential future value.

Maersk Drilling reported in early July that it had secured the Maersk Developer from Petronas subsidiary PSEPBV in a $20.4-million one-well exploration contract offshore Suriname. The semisubmersible rig drilled the Suriname-Guyana basin well to a total depth of 15,682 ft.

“We are pleased with the positive results of the well,” Emeliana Rice-Oxley, Petronas’ vice president of upstream exploration, said. “It will provide the drive for Petronas to continue exploring in Suriname, which is one of our focus basins in the Americas.”

Block 52 covers an area of 1.2 million acres and is located approximately 75 miles offshore north of Paramaribo. The water depths on Block 52 range from 160 to 3,600 ft.

ExxonMobil E&P Suriname BV, an affiliate of ExxonMobil, holds 50% interest in Block 52. PSEPBV is operator and holds 50% interest.