Country Report

Suriname upstream summary

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05 July 2018

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 and oil account for the vast majority of exports and government revenue. ExxonMobil's 2015 Liza oil and gas discovery in Guyana, and subsequent seven discoveries on the giant Stabroek block, has increased interest in the broader Guyana basin and its ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Guyana basin
      • Tectonic evolution
      • Stratigraphy
      • Petroleum systems
      • Key plays
    • 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
      • 2017-18 nearshore block farm in opportunity
      • 2017-18 new deepwater block assignments and 'open door' licensing
    • Drilling
      • Drilling activity
      • Onshore
      • Offshore
    • Oil
    • Gas
    • Oil/Liquids
    • Gas
    • Oil infrastructure
    • Refinery
    • Key legislation
    • Regulatory body
    • State oil company
      • Staatsolie
      • Paradise Oil
    • International boundaries
      • Resolution of the maritime border dispute with Guyana
      • Definition of maritime border with French Guiana
    • Licensing
    • 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

Tables and charts

This report includes 20 images and tables including:

  • Key facts: Table 1
  • Country Map
  • Net Acreage 2018
  • Map of Basins
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Liquid Production
  • Infrastructure: Table 1
  • Infrastructure: Table 2
  • Infrastructure Map
  • Geology: Image 2
  • Blocks Awarded
  • Acreage
  • Exploration Drilling
  • International Boundaries
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • Fiscal terms: Table 3
  • GEM models

What's included

This report contains:

  • Document

    Country Overview

    PDF 11.85 MB

  • Document

    Country Overview

    XLS 413.50 KB

  • Document

    Country Overview

    ZIP 12.17 MB

  • Document

    Executive summary

    PDF 58.18 KB

  • Document

    Key facts

    PDF 66.83 KB

  • Document

    Location maps

    PDF 4.74 MB

  • Document

    Key companies

    PDF 100.73 KB

  • Document

    Geology

    PDF 3.74 MB

  • Document

    Exploration

    PDF 1.94 MB

  • Document

    Reserves and resources

    PDF 70.73 KB

  • Document

    Production

    PDF 105.19 KB

  • Document

    Infrastructure

    PDF 1.55 MB

  • Document

    Policy and regulation

    PDF 1.91 MB

  • Document

    Fiscal terms

    PDF 129.13 KB

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