Country report
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28 Pages

Suriname upstream summary

Suriname upstream summary

Report summary

Suriname is a former Dutch colony that was granted independence from the Netherlands in 1975. It is located on the northeast coast of South America, where it shares a border with Guyana, French Guiana and Brazil. Commodities such as gold, bauxite, alumina, and oil account for the vast majority of exports and government revenue. The presence of hydrocarbons was first confirmed in 1928 in the Nickerie district in the northwest of the country. It was not until 1965 that the first indication ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 752.06 KB 28 Pages, 10 Tables, 11 Figures
  • Country Overview XLS - 413.50 KB


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • Guyana basin
      • Tectonic evolution
      • Stratigraphy
      • Petroleum systems
      • Key plays
  • Exploration
    • Licensing
      • Introduction
      • Recent licensing
      • 2001 bidding round
      • 2003 - 2004 bidding round
      • Ad-hoc awards (2004 - 2005)
      • 2006 bidding round
      • Ad-hoc awards (2008)
      • 2008/2009 bidding round
      • Ad-Hoc awards 2010-2011
      • 2013 bidding round
      • 2014-15 bidding round
    • Drilling
      • Drilling activity
      • Onshore
      • Offshore
  • Reserves and resources
    • Oil
    • Gas
  • Production
    • Oil/Liquids
    • Gas
  • Infrastructure
    • Oil infrastructure
    • Refinery
  • Policy and regulation
    • Key legislation
    • Regulatory body
    • State oil company
      • Staatsolie
      • Paradise Oil
    • International boundaries
      • Resolution of the maritime border dispute with Guyana
      • Maritime border dispute with French Guiana
    • Licensing
  • Fiscal terms
    • Overview
    • Current fiscal terms
    • Staatsolie concession regime
    • Production sharing contracts (PSCs)
      • State equity participation
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Contractor revenue entitlement
      • Product pricing
      • PSC cost recovery
      • PSC profit sharing
      • Corporate (or petroleum) income tax
      • Sample cash flow
      • Methodology
      • Marginal government take calculation

In this report there are 21 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Net Acreage 2016
    • Remaining Commercial and Technical Reserves at 01/01/2016
  • Geology
    • Map of Basins
    • Geology: Image 2
  • Exploration
    • Blocks Awarded
    • Acreage
    • Exploration Drilling
  • Reserves and resources
    • Reserves and resources: Table 1
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquid Production
  • Infrastructure
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Infrastructure Map
  • Policy and regulation
    • International Boundaries
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • GEM models
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