"Block 58" News

Global Offshore Drilling Outlook – New Play Exploration Appetite Steady But Strong

Jan 12, 2023

Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core regions. Two areas with big impact potential - the Atlantic Basin and…

TotalEnergies' Awari Exploration Well Offshore Suriname Fails to Deliver

Nov 28, 2022

Oil and gas company TotalEnergies has completed drilling the Awari exploration well offshore Suriname without encountering commercial hydrocarbon volumes.The news was shared Monday by APA Corporation, TotalEnergies' partner in Block 58, where the well was drilled…

Westwood: Record Levels of FPS Throughput Capacity to be Sanctioned in 2022

Dec 09, 2022

As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3…

Suriname Launches Bid Round for Six Offshore Blocks

Nov 10, 2022

Suriname's Staatsolie Hydrocarbon Institute (SHI) has this week announced the launch of a competitive bid round for six new oil and gas exploration blocks.The blocks are located in the currently sparsely explored Demerara acreage of Suriname…

TotalEnergies Extends Suriname Rig Contract

Sep 22, 2022

TotalEnergies E&P Suriname has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to its contract for the Maersk Drilling's Maersk Valiant drillship. The contract extension is expected to start in January 2023…

APA Strikes Oil in Block 53 Offshore Suriname

Aug 23, 2022

Oil and gas company APA Corporation on Tuesday said it had discovered oil at Baja-1 well in Block 53, offshore Suriname, using the Noble Gerry de Souza drillship.Baja-1 was drilled to a depth of 5,290 meters (17,356 feet) and encountered 34…

APA-Total JV Finds Oil In Krabdagu Well Off Suriname

Jun 21, 2022

Houston-based APA Corporation on Tuesday announced its joint venture with France's TotalEnergies has made an oil discovery at the Krabdagu exploration well off the coast of Suriname.APA has a 50% working interest in Block 58 where the oil discovery was made…

Staatsolie to Offer 60% of Suriname's Offshore Blocks in Coming Year

Jun 30, 2022

Suriname's state oil firm Staatsolie is getting ready to offer 60% of the country's offshore blocks for auction over the next 12 months, starting with a deepwater round in the fourth quarter, a company executive said on Wednesday.The Guyana…

APA Hits Water Bearing Reservoirs at Rasper Well Offshore Suriname

Jun 14, 2022

APA Corporation, the operator of Block 53 offshore Suriname, said Monday it had recently completed drilling operations at the Rasper well, hitting water bearing reservoirs.'APA has completed operations on the Rasper well in the northwestern area of the block…

Suriname to Auction Deepwater Offshore Oil Blocks Late in 2022

May 31, 2022

Suriname's state oil company Staatsolie plans to hold an auction for deepwater offshore blocks at the end of 2022 and another for shallow water blocks in mid-2023, the company's managing director told Reuters.The South American nation is a small…

TotalEnergies Makes 'Significant' Oil and Gas Find Offshore Suriname

Feb 21, 2022

TotalEnergies said Monday it has made a significant new oil and associated gas discovery at the Krabdagu-1 well offshore Suriname. Made in the central area of offshore Block 58, the discovery follows previous discoveries at Maka, Sapakara, Kwaskwasi and Keskesi…

Guyana: CGX, Frontera Go All-in on Corentyne Block. Won't Drill at Demerara in 2022

Feb 14, 2022

CGX Energy and Frontera said Monday they'd focus on their Corentyne block in Guyana in 2022 fully, and not engage in drilling activities on the Demerara block at all.The partners said their decision was based on the positive results from the Kawa-1 offshore well…

Suriname: TotalEnergies Extends Maersk Valiant Drillship Contract

Jan 14, 2022

French oil company TotalEnergies has exercised an option to have Maersk Drilling's drillship Maersk Valiant drill one more well in Block 58 off the coast of Suriname.The contract extension is planned to last 100 days, with work beginning in March 2022…

CGX's Kawa-1 Well in Guyana Encounters Oil, but Drilling Costs Rise

Dec 16, 2021

Canadian-based firm Frontera Energy, the majority owner of CGX Energy and its partner in the Corentyne Block offshore Guyana, has informed that the Kawa-1 exploration well, spudded in the block in August, has encountered hydrocarbon presence…

Suriname: TotalEnergies, APA Hit Sub-commercial Oil Volumes at Bonboni Well, SPS-1 Flow Test Successful

Nov 17, 2021

TotalEnergies' Bonboni-1 offshore exploration well in the northern portion of Block 58, offshore Suriname has encountered sub-commercial oil volumes and will be plugged and abandoned. Meanwhile, TotalEnergies, with partners APA Corporation,…

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