With an estimated resource potential of 13.6 Billion barrels (P50), the United States Geological Survey (USGS 2012) ranks the Guyana-Suriname Basin 2nd in the world for prospectivity among the world’s unexplored basins and 12th for oil among all the world’s basins – explored and unexplored.
For the past 35 years, Staatsolie has produced 109 Million barrels of crude oil onshore Suriname from Paleocene and Eocene reservoirs, which is derived from the Canje Formation. Yet, offshore Suriname is virtually under-explored, with 26 exploration wells drilled in an area of approximately 130,000 km2, of which only 14 wells are drilled beyond water depths of 20m.
With a proven petroleum system in place, a variety of promising plays and a substantial amount of available data, the Guyana-Suriname Basin has all the ingredients to become your next major oil province.
Come explore with us!