Another Significant Oil & & Gas Discovery Made By To talEnergies
To talEnergies as well as APA Corporation have actually made a considerable brand-new oil as well as connected gas exploration at the Krabdagu -1 well, in the main location of Block 58, offshoreSuriname This adheres to previous explorations at Maka, Sapakara, Kwaskwasi as well as Keskesi, as well as the effectively evaluated Sapakara South -1 evaluation well.
Located 18 kilometers south-east of Sapakara South, Krabdagu -1 was pierced at a water deepness of 780 meters as well as ran into roughly 90 meters of internet oil pay in high quality Maastrichtian as well as Campanian storage tanks.
“This successful exploration well at Krabdagu-1 is a significant addition to the discovered resources in the central area of Block 58. This result encourages us to continue our exploration and appraisal strategy of this prolific Block 58 in order to identify sufficient resources by year end 2022 for a first oil development” stated Kevin McLachlan, Senior Vice President, Exploration at To talEnergies.
Drilling as well as logging procedures will certainly proceed, making use of the Maersk Valiant drillship. DST procedures will certainly be executed on Krabdagu -1 to assess the sources as well as efficiency, as well as at the very least 3 additional expedition as well as evaluation wells are intended to be pierced in 2022 on the block.
To talEnergies is the driver of Block 58, with a 50% functioning rate of interest, while APA Corporation holds the continuing to be 50%.