echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Petrochemical News > The offshore discovery of Block 58 in Suriname is expected to produce 1.4 billion barrels of oil

    The offshore discovery of Block 58 in Suriname is expected to produce 1.4 billion barrels of oil

    • Last Update: 2021-06-05
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    According to a report from Petroleum Today on May 19, 2021, Rudolf Elias, the outgoing general manager of Suriname National Petroleum Corporation, said that the first three discoveries made by Suriname in Block 58 are expected It will produce approximately 1.


    Elias said in his farewell letter to the Suriname National Petroleum Corporation that despite the outbreak of the new crown pneumonia epidemic, the big news in 2020 is that the U.


    Elias said: "Over time, these three discoveries alone are expected to produce approximately 1.


    He reminded that in the new year, Total and Apache soon made new discoveries in the Keskesi East-1 well in Block 58 in January.


    Analysts said that Total and Apache are expected to make a final investment decision (FID) to develop the oil field located in Block 58 later this year.


    American multinational investment bank and financial services company Morgan Stanley said that its model of Block 58 in Suriname shows that the block has potential oil and gas reserves of 6.


    Li Jun compiled from Petroleum Today

    The original text is as follows:

    Suriname's first 3 offshore discoveries expected to produce around 1.


    The Outgoing Managing Director of Suriname's state oil company, Staatsolie Maatschappij Suriname NV, says the country's first 3 offshore discoveries at Block 58 are expected to produce around 1.


    Rudolf Elias, in a letter bidding farewell to the company, said despite the pandemic, the big news of 2020 was the 3 major oil finds made by Apache and Total – Maka Central-1 in January, Sapakara West-1 in April, and Kwaskwasi -1 in July.


    “These discoveries alone are expected to produce about 1.


    He reminded that the new year quickly brought another new discovery in January by Total and Apache in Block 58 at the Keskesi East-1 well.


    Analysts say Total and Apache are expected to make their Final Investment Decision (FID) to develop oil fields at Block 58 later this year.


    US multinational investment bank and financial services company Morgan Stanley says its modelling of Block 58 shows that it contains a potential 6.


    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.