KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS), through its wholly-owned subsidiary PETRONAS Suriname E&P BV, has recorded two discoveries and achieved a successful appraisal in Suriname’s offshore Block 52.
In a statement, the national oil and gas company said this brings its cumulative achievements in the country to a total of eight successful wells, collectively unlocking recoverable resources of more than one billion barrels of oil equivalent.
The Caiman-1 exploration well, drilled in 90m of water to a total depth of 5,065m, encountered multiple oil-bearing Cretaceous sandstone intervals.
The Swartzia Aspasia Complex-1 exploration well, located 8km east of the Sloanea-1 gas discovery in 610m of water depth and drilled to a total depth of 4,560m, intersected gas-bearing sandstone reservoirs.
Drill stem testing (DST) demonstrated strong gas deliverability, indicating good reservoir quality, the company said.
The Roystonea-2 appraisal well, drilled 7km north of Roystonea-1, confirmed the lateral extent of oil-bearing reservoirs, with DST results indicating strong oil productivity, further validating the quality and extent of the reservoir system.
PETRONAS operates Block 52 with an 80% participating interest, while the remaining 20% is held by Paradise Oil Company NV, a wholly-owned subsidiary of Staatsolie Maatschappij Suriname NV (Staatsolie). PETRONAS currently holds interests in eight offshore blocks in Suriname –Blocks 9, 10, 48, 52, 53, 63, 64, and 66. — Bernama
