Apache Corporation and Total SA today announced a major oil discovery off the coast of Suriname in Block 58. The Kwaskwasi-1 well was drilled using the Noble Sam Croft (photo) with Apache as operator with a 50% work interest and Total with a 50% work interest.
This third consecutive discovery off the coast of Suriname confirms a world-class hydrocarbon source. The fourth exploration perspective in block 58, Keskesi East-1, will be drilled immediately upon termination of operations at Kwaskwasi, the company says.
“We are very happy with the results of the Kwaskwasi-1 exploration well. This is the best resource we have yet drilled in the basin, with the highest net wages in best quality reservoirs, ”said John J. Christmann, Apache CEO and President.
“While we still have a lot of work to do, a discovery of this quality and size deserves an evaluation pace that allows for the possibility of accelerated first production,” he said. in this official press release.
