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ENERGY Caribbean Yearbook (2013-14)

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32<br />

35<br />

Tullow Oil<br />

46<br />

55<br />

Block 47<br />

Kosmos Energy<br />

Block 42<br />

Murphy Oil<br />

Block 48<br />

56<br />

50<br />

Apache<br />

Block 53<br />

Block 45<br />

Kosmos Energy<br />

54<br />

57<br />

1<br />

Nickerie<br />

Block<br />

43<br />

Suriname-Guyana Maritime Border<br />

51<br />

2 3<br />

Coronie Block<br />

44<br />

Calcutta Block<br />

Block 52<br />

Petronas<br />

Block 31<br />

Inpex<br />

13 <strong>14</strong> 15<br />

4 5<br />

6 7<br />

Tambaredjo Block<br />

Uitkijk Block<br />

Weg naar Zee<br />

Block<br />

Commewijne Block<br />

37<br />

36<br />

Suriname-French Guiana Maritime Border<br />

0 50 100 150 km<br />

Legend:<br />

Blocks under contract Blocks Bid Round <strong>2013</strong><br />

(28/01/<strong>2013</strong> - 26/07/<strong>2013</strong>)<br />

Blocks not on offer<br />

Staatsolie operated blocks<br />

Staatsolie Oil Fields<br />

Suriname block map (courtesy Staatsolie)<br />

April <strong>2013</strong><br />

Zaedyus appears to have triggered a rush into the<br />

Suriname deep water.<br />

Tullow itself had been first, with block 47 in 2010. The US’s<br />

Kosmos, which was associated with Tullow in the Jubilee<br />

find offshore Ghana, came in shortly after, taking blocks 42<br />

and 45, and was quickly joined by a major, the US’s Chevron,<br />

which farmed in for 50%.<br />

Murphy Oil, which had earlier held block 37 further south,<br />

relinquished that after sinking two unsuccessful wells, and<br />

moved further north to block 48. Apache was awarded<br />

block 53 in a “short-listed bid round” in mid-2012, and<br />

Malaysia’s Petronas block 52.<br />

The arrival of a company from the other side of the world<br />

has been particularly satisfying for Staatsolie. Dwarkasing<br />

notes, “This is the first time an oil company from Malaysia<br />

has come into our part of the <strong>Caribbean</strong> to explore.” He<br />

might be even more pleased had he known that Petronas<br />

had declined, three years ago, to participate with Petrotrin<br />

to explore in deep water block 27 in Trinidad and Tobago<br />

because it saw little prospectivity there.<br />

Staatsolie itself is planning a leap of faith into the offshore,<br />

but closer to the coast, in about 20 metres of water. It is<br />

using its subsidiary, Paradise Drilling, to undertake what<br />

will probably be a ten-well exploration programme in block<br />

4, one of seven nearshore blocks Staatsolie is keeping for<br />

itself.<br />

“We have a good feeling about block 4,” Dwarkasing says.<br />

“The 3D ocean bottom cable seismic did produce good<br />

data. Since it’s shallow water, we can drill at reasonable cost.”<br />

The first quarter of 20<strong>14</strong> “is a realistic date to start the<br />

drilling programme,” he notes, “but all efforts are being<br />

made to commence in the fourth quarter of <strong>2013</strong>, if we can.”<br />

About 40 exploratory wells will also be sunk by Staatsolie in<br />

various blocks on land in the course of the year.<br />

energycaribbean YEARBOOK <strong>2013</strong>/<strong>14</strong><br />

29

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