French and US-based companies announce major oil discovery offshore Suriname

The US-based Apache Corporation  (AC) and the France-based Total S.A Tuesday (Jan 7) announced they had made a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58.

They said the well was drilled using the drillship Noble Sam Croft with both Apache as an operator, and Total S.A each holding 50 per cent working interest.

Heavy Equipment on Body of Water Under Blue and White Cloudy Skies

“We are very pleased with the results from Maka Central-1. The well proves a working hydrocarbon system in the first two play types within Block 58 and confirms our geologic model with oil and condensate in shallower zones and oil in deeper zones.

“Preliminary formation evaluation data indicates the potential for prolific oil wells. Additionally, the size of the stratigraphic feature, as defined by 3-D seismic imaging, suggests a substantial resource,” said John J. Christmann, President and chief executive officer of Apache.

“Preliminary formation evaluation data indicates the potential for prolific oil wells.”

“Block 58 comprises 1.4 million acres and offers significant potential beyond the discovery at Maka Central. We have identified at least seven distinct play types and more than 50 prospects within the thermally mature play fairway. In partnership with Total, we look forward to advancing both exploration and development of discoveries on the block,” Christmann added.

Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom, while Total SA is described as a French multinational integrated oil and gas company founded in 1924 and one of the seven “Supermajor” oil companies in the world