APA Corporation announced the discovery of 180 million barrels of oil in-situ in Suriname

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Free translation by: Franyi Sarmiento, Ph.D., Inspenet, June 23, 2022

APA Corporation announced this week flow test results from the Krabdagu (KBD-1) exploration well in Block 58 offshore Suriname. The block involves APA Suriname and the operator, TotalEnergies (TTE), both with 50% participation.

Flow test data collected in the two lower intervals, the Upper Campanian and Lower Campanian, indicate an in-place oil resource of approximately 100 and 80 million barrels (MMbbls) respectively connected to the KBD-1 well.

These tests were performed on the exploration well, and appraisal drilling will be required to confirm additional resources and optimal development well locations. The exploration well encountered another high-quality lower GOR interval in the upper Campanian that was not in a suitable location for flow testing. This shallower Campanian zone should be flow tested at the appraisal stage from a more optimal location.

617 Mapa hallazgo sitio Suriname interna

“The Krabdagu flow test results in the lower two intervals are in line with our expectations and provide data that accelerate our understanding of the field and will shape future activity. This includes identifying optimal well locations that will enable evaluation of resource potential for each target,” said John J. Christmann IV, APA’s chief executive officer and president. “The connected resource demonstrated from the flow tests at Krabdagu combined with the Sapakara South results are an important step forward in advancing a project in this area of Block 58.”

The APA-TTE joint venture is currently drilling the Dikkop exploration well in the central part of Block 58 with Maersk Valiant. Following completion of operations in Dikkop, Valiant is expected to continue exploration and appraisal activities in the central part of Block 58.

Source: https://oilnow.gy/featured/180-million-barrels-of-oil-in-place-at-new-suriname-well-apa-confirms/

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