Suriname
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UK-based oil company pulls out of South American country after non-commercial finds.
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Sapakara South flow test encouraging, but Bonboni well result disappoints.
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Planned seismic survey will cover shallow water acreage ahead of a planned bid round in 2023.
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Data gathered from the well will be used to inform the next steps for Keskesi appraisal.
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Rig will shift to drill Bonboni prospect before returning for Sapakara South flow test.
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Venture targeting analogous sands to adjacent Suriname discoveries.
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Increasing downhole pressures were the culprit, rig will be released as planned.
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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.
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After a line of four discovery wells in Suriname, Total and Apache are going off trend with a well to see if the potentially huge play extends north as well.
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Four recent deepwater offshore discoveries show exploration is not dead, it is just concentrated offshore.