• Phase 1 2D Seismic Acquisition in Offshore Block 61 Completed

    Cairn Energy PLC, operator in Block 61, just completed part of their 2D seismic acquisition survey in Block 61. From the 9th of January until the 6th of February 2019 the seismic vessel Harrier Explorer acquired ~3,500km of 2D seismic data completing phase 1 of the planned survey. The Harrier Explorer will return in April - May to complete phase 2 of the survey.
  • Petronas conducted MT/CSEM survey

    Petronas conducted a MagnetoTelluric (MT) and Controlled Source Electromagnetic (CSEM) survey crossing 7 offshore blocks, Offshore Suriname. The vessel used was the Atlantic Guardian. The survey started on 18 November 2018 and finished on 20 January 2019.
  • Staatsolie received new offer under Open Door Invitation

    Today January 11th, 2019 Staatsolie received a proposal from a O&GC for the Weg naar Zee Block they are interested in exploring. Other O&GCs are made aware of this proposal and have the opportunity to submit an application for the same acreage until 11 April 2019, 12:00 Local Suriname Time.
  • Open Door Invitation for Onshore Suriname 2019

    Suriname is seeking to attract companies that have a demonstrated ability to explore, develop and produce petroleum in a safe and environmentally responsible manner. Staatsolie therefore invites oil and gas companies ("O&GCs") to submit proposals for Commewijne, Coronie and Weg naar Zee blocks onshore, they are interested in exploring. Opening for submission of proposals starts on the 1st of January 2019.
  • Start 2D seismic acquisition in Offshore Block 61

    Cairn Energy PLC, operator in Block 61, is ready to start a 2D seismic acquisition survey in Block 61. The block is located approximately 200 km northeast of Paramaribo and covers an area of approximately 11,800 km2. The seismic vessel Harrier Explorer will execute the work. Operations are planned to start on the 30th/31st of December 2018 and the expected duration is approximately 50 days.

Why invest in Suriname?

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!

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