Related Articles
Investment is projected to stream into Suriname if more oil discoveries keep coming
Forward article link
Share PDF with colleagues

Suriname poised to join upstream elite

The South American country has all the potential to become a major crude producer, as showcased by recent offshore discoveries

Suriname will attract significant attention and investment as an upstream hotspot over the next decade and beyond, according to speakers at the Suriname International Petroleum & Gas Summit and Exhibition 2021. “1.5-6.5bn bl oe is believed to be present in the Suriname side of the Suriname-Guyana basin, and production within ten years could be ramped up to more than 500,000bl/d,” says Patrick Brunings, exploration and subsurface offshore asset manager at Suriname’s state oil company, Staatsolie. “Looking at the geology and where the hydrocarbons are situated, this could be produced at a breakeven price of less than $40/bl.”  Multiple offshore discoveries last year and into 2021 are alr

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Jera plans winter LNG stock build
26 November 2021
The Japanese LNG buyer is looking to avoid a repeat of last year’s supply crunch
Basra-Aqaba pipeline talks hint at conclusion
26 November 2021
Nearly 30 years since the original agreement, Iraq’s route to the Red Sea may be in sight
Delta goes private with Vietnamese LNG project
25 November 2021
The firm’s LNG-to-power development will be the first in Vietnam to be fully privately owned
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video