Page 15 - AsianOil Week 03 2021
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AsianOil                                           NRG                                              AsianOil








                           “There is a strong need for additional lique-  that the Hassa-1 well had not encountered any
                         faction capacity and we’re probably the project  hydrocarbons in the primary target intervals.
                         that is the closest to starting construction,” he  She also stated that there had been hydrocarbon
                         said. A final investment decision (FID) has not  shows in other intervals but did not provide fur-
                         yet been reached on Driftwood, but Souki said  ther details.
                         the level of customer interest in offtake from the   “This serves as a reminder that geologic risk
                         project had increased “pretty dramatically” over  is inherent to frontier oil and gas exploration
                         the past month.                      activities,” the spokeswoman remarked. “None-
                           Separately, a tender was launched this  theless, ExxonMobil remains committed to
                         week for offtake from the planned 8.4mn  evaluating the potential in our offshore Guyana
                         tonne per year (tpy) Commonwealth LNG  blocks using our world-class technology and
                         project, also in Louisiana. The company  technical capabilities.”
                         noted that this is “the first ever tender pro-  The US giant and its partners have already
                         cess in which prospective LNG customers  discovered crude oil in more than a dozen sec-
                         can secure future term supply at volumes,  tions of Stabroek. They have estimated the recov-
                         pricing and durations of their choosing  erable reserves of the block at around 9bn boe.
                         through competitive bidding”.          Meanwhile, France’s Total has had better luck
                           This approach illustrates the growing flexi-  in Suriname’s offshore zone.
                         bility in the LNG market and Commonwealth,   The French company and its US-based
                         with support from Gunvor Group, hopes that  partner Apache revealed last week that they
                         it will win over customers more easily than its  had struck oil at Block 58. In a statement, Total
                         competitors thanks to the variety of options it  reported that the Keskesi-1 well had encoun-
                         has on offer.                        tered “63 metres net pay of hydrocarbons, com-
                                                              prised of 58 metres net black oil, volatile oil, and
                         If you’d like to read more about the key events shaping   gas pay in good quality Campano-Maastrichtian
                         the global LNG sector then please click here for   reservoirs, along with 5 metres of net volatile oil
                         NewsBase’s GLNG Monitor.             pay in Santonian reservoirs.”
                                                                Keskesi-1 is the fourth discovery made at
                         LatAmOil: Mixed Guyana-Suriname results  Block 58. Total and Apache also found oil in the
                         Offshore South America, the Guyana-Suriname  first three wells drilled within their licence area:
                         basin continues to draw strong interest – and  Maka Central-1, Sapakara West-1 and Kwask-
                         mixed results.                       wasi-1. The partners’ next target will be the Bon-
                           In Guyana, the US super-major ExxonMobil  boni section of the block.
                         has reportedly experienced a disappointment at
                         the Stabroek block.                  If you’d like to read more about the key events shaping
                           A spokeswoman for the company’s Guya-  the Latin American oil and gas sector then please click
                         nese subsidiary told OilNOW earlier this week   here for NewsBase’s LatAmOil Monitor.





































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