Page 15 - AsianOil Week 03 2021
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“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.
Week 03 21•January•2021 www. NEWSBASE .com P15