Page 12 - LatAmOil Week 28 2022

LatAmOil SURINAME LatAmOil

“We do not know what the future would be,” he Suriname’s national oil company (NOC) Staat-
said. “We are in [the] exploration and appraisal solie, noted earlier this week that the French
[phase] with some risky wells. So we are waiting.” giant and its US-based partner APA, formerly
Blanchard also emphasised that his company known as Apache, were working to fast-track
could not always predict the outcome of explo- the Block 58 FID. But he also acknowledged that
ration drilling. “In the past, we have had bad the outcome of drilling programmes would be a
news – two bad wells when we were expecting factor in the timing of the process.
good results. So it would be very difficult to say “This will depend partly on the results of
now,” he told OilNOW.gy. ongoing exploration and appraisal drilling this
He was speaking shortly after Surinamese year, which has the potential to further enlarge
government officials voiced their hopes for a the currently contemplated development con-
quick FID on Block 58. These officials said at cept,” he was quoted as saying by OilNOW.gy.
the Suriname Energy, Oil and Gas Conference TotalEnergies and APA have split equity in
(SEOGS), which was held in Paramaribo ear- the Block 58 project on a 50:50 basis. The French
lier this month, that they hoped TotalEnergies major is serving as operator of the offshore site.
would take this step before the end of this year, The partners have made multiple discoveries
thereby allowing production to start in 2025. within the licence area. The most recent of these
If this deadline is met, Block 58 will be the sec- is Krabdagu, which was announced in June.
ond-fastest upstream development project to Krabdagu is on the same trendline as the other
come on stream following the Stabroek scheme finds made within that licence area – Maka Cen-
offshore Guyana. tral, Kwaskwasi, Sapakara Central, Keskesi and
For his part, Annand Jagesar, the CEO of Sapakara South. ™

BRAZIL
Petrobras confirms oil discovery in wildcat

1-BRSA-1383A-RJS well

PETROBRAS, Brazil’s national oil company 1-BRSA-1383A-RJS, an exploration well sunk
(NOC), has confirmed its discovery of crude oil in the north-east section of Alto de Cabo Frio
in a wildcat well drilled within the pre-salt zone Central Noroeste, a block offshore Rio de
of the southern Campos basin. Janeiro State. The well was drilled at a site about
In a statement, Petrobras said it had 230 km from shore in 1,833-metre-deep water,
completed drill stem testing (DST) of it reported.

The wildcat well was drilled at a field in the Campos basin (Image: Petrobras)

P12 www. NEWSBASE .com Week 28 14•July•2022