Uitkijk Exploration Drilling Begins, Results in December
Exploration drilling of the Uitkijk onshore block in Suriname has begun, an E&P division official from state oil company Staatsolie told BNamericas.
The plan is to drill 10 exploration wells with an evaluation expected for December, the official said.
Staatsolie in February signed a production sharing contract for the Uitkijk and Coronie onshore block with its subsidiary Paradise Oil in a joint venture with Hardman, a subsidiary of Tullow Oil.
In the lead-up to exploration drilling for Coronie, preparation including environmental and right-of-way permitting will start in December, the official said.
Staatsolie's crude production at end-2006 totalled 4.8Mb from oilfields Tambaredjo and Calcutta. Average daily output last year was 13,160 barrels compared to 11,990 barrels per day in 2005.
The state company next year plans to launch a new E&P round for nearshore blocks.
Visit BNamericas to access our real-time news reports, 10-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.
Operates 1 Offshore Rigs
- Tullow Oil Signs Exploration Contracts Offshore Ivory Coast (Oct 11)
- Britain's Tullow Launches Oil, Gas Exploration In Zambia (Aug 11)
- European Oil Producers' Weak Hedging Shows Bet on Price Rebound (Jul 31)
Company: Staatsolie more info
- Spain's CEPSA Takes 25% Share in Suriname Offshore Block (Dec 12)
- Kosmos Acquires Stake Offshore Suriname (Dec 14)
- Staatsolie to Drill in Commewijne Block Onshore Suriname (Jul 28)