"Block 58" News

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,…

Tullow Leaves Suriname

Nov 18, 2021

Suriname has been described as the next big thing in the offshore oil and gas exploration world, as its proximity to Guyana where ExxonMobil has discovered around 10 billion barrels of oil so far has led oil companies, including ExxonMobil,…

3D Seismic Survey Kicks Off Offshore Suriname

Nov 11, 2021

A consortium of marine seismic data firms has started a 3D seismic survey offshore Suriname, CGG, one of the project partners has informed.The start-up of operations, using the BGP Prospector seismic vessel, comes after three marine seismic data acquisition and processing companies TGS…

Guyana: ExxonMobil's Third Well in Canje Offshore Block Disappoints

Nov 01, 2021

Sapote-1, ExxonMobil's third well in the Canje Block offshore Guyana, has, after the first two wells, Bulletwood-1 and Jabillo-1, failed to unearth evidence of commercial hydrocarbon volumes, too.Westmount Energy, an indirect partner in the Canje Block through its stake in JHI Associates…

TotalEnergies' Appraisal Well Offshore Suriname Fails to Deliver

Sep 29, 2021

TotalEnergies' Keskesi South-1 appraisal well in the Block 58 offshore Suriname has encountered non-commercial quantities of hydrocarbons and the well has been plugged and abandoned.The news was shared on Wednesday by APA Corporation, TotalEnergies' 50 percent partner in the offshore block…

TGS, CGG, BGP to Carry Out Seismic Surveys Offshore Suriname

Oct 20, 2021

Three marine seismic data acquisition and processing companies TGS, CGG, and BGP have signed a multi-client agreement with Suriname's national oil firm Staatsolie.Under the agreement, the consortium will be able to acquire, promote and license multi-client seismic programs…

Fugro Wraps Large Site Survey Work at TotalEnergies' Offshore Block in Suriname

Sep 27, 2021

Dutch offshore survey services firm Fugro said Monday it had completed fieldwork on a site investigation program at TotalEnergies' Block 58 offshore Suriname.The project sits approximately 150 km offshore in water depths ranging from 60 m to…

TotalEnergies, Apache Find More Oil Offshore Suriname

Jul 29, 2021

Oil and gas firms TotalEnergies and Apache Corporation have discovered more oil off the coast of Suriname.The duo has hit oil at the Sapakara South-1 offshore well at Block 58, where they've previously made Maka Central, Sapakara West, Kwaskwasi…

Third Time's a Charm? ExxonMobil Spuds Sapote-1 Well in Canje Block, Offshore Guyana

Aug 30, 2021

U.S. oil major ExxonMobil has spudded the Sapote-1 well on the Canje Block, offshore Guyana. This is the company's third well in the block drilled this year. The first two wells, Bulletwood-1 and Jabillo-1, failed to find evidence of commercial hydrocarbons…

CGX, Frontera Spud Kawa-1 Well Offshore Guyana

Aug 23, 2021

Canadian-based firm Frontera Energy and CGX Energy have started drilling at the Kawa-1 exploration well, offshore Guyana, using Maersk Drilling's Maersk Discoverer semi-submersible drilling rig. Also, the firms have exercised the option to drill a second well with the rig…

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