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 />
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