Country Report
Suriname upstream summary
Report summary
TotalEnergies and APA Corporation discoveries elevates offshore Suriname to a world-class oil province: the two project partners have made five discoveries in Block 58 since 2019. The finds extend a northwest-southeast trend of discoveries that include ExxonMobil's Liza field (Stabroek block) in Guyana. The string of discoveries has often been dubbed as the Guyana-Suriname 'golden lane'. The exploration success has attracted attention of other players, bringing deepwater ...
Table of contents
- 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
- 2017-18 nearshore block farm in opportunity
- 2017-18 new deepwater block assignments and 'open door' licensing
- 2021 SHO bid round
-
Drilling
- Drilling activity
- Offshore
- Onshore
-
Licensing
-
Reserves and resources
-
Oil
- Offshore
- Onshore
-
Gas
- Offshore
- Onshore
-
Oil
-
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
- Definition of maritime border 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
Tables and charts
This report includes 21 images and tables including:
- Key facts: Table 1
- Country Map
- Net Acreage 2024
- Map of Basins
- Production: Table 1
- Production: Table 2
- Liquid Production
- Infrastructure: Table 1
- Infrastructure: Table 2
- Infrastructure Map
- Geology: Image 2
- Blocks Awarded
- Acreage
- Exploration Drilling
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- International Boundaries
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- GEM models
What's included
This report contains:
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