Petronas, which is a large oil and gas company from Malaysia, has made its first discovery of hydrocarbon in Suriname with the successful drilling of the Sloanea-1 exploration well located in Block 52 off Suriname.
Petronas subsidiary, Petronas Suriname E&P B.V. (PSEPBV), which is the operator of Block 52 and holds a 50 per cent participating interest, together with ExxonMobil, which holds the remaining 50 per cent.
The last time ExxonMobil farmed into Petronas’ Block 52 was back in May 2020.
Block 52, which covers an area of 4,749 km2, is located towards the north of the coast of Paramaribo, Suriname’s capital city and is located within the prospective Suriname-Guyana basin, where several major hydrocarbon discoveries in the past have been discovered.
Petronas mentioned that the Sloanea-1 exploration well was successfully drilled to a total depth of 4,780 metres using the Maersk Developer semi-submersible rig.
They also said that the well encountered several hydrocarbon-bearing sandstone packages with good reservoir qualities within the Campanian section.
The data form the well shows excellent calibration of the hydrocarbon potential of the block, as added by Petronas.
Further evaluation is currently being undertaken to determine the full extent of the discovery.
Petronas Vice President of Exploration, Upstream, Emeliana Rice-Oxley said: “We are pleased with the positive results of the well. It will provide the drive for Petronas to continue exploring in Suriname, which is one of our focus basins in the Americas.
“We look forward to a further successful collaboration with our partner ExxonMobil and further strengthen our relationship with the government of the Republic of Suriname, as a solutions partner, progressing towards delivering clean and reliable energy to the market”.