PETRONAS has made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well in Suriname’s Block 52, located about 170 km offshore and 9 km east from Roystonea-1.
The well was spudded in February 2024 and was drilled to a total depth of 5,227 m with zero (0) LTI, encountering several oil and gas-bearing Campanian sandstone reservoir packages. Further evaluation is being undertaken to determine the full extent of this discovery and its potential for an integrated development with the recent Roystonea-1 and Sloanea-1 discoveries.
PETRONAS’ Executive Vice President and Chief Executive Officer of Upstream, Datuk Adif Zulfikfli stated, “The favourable results attained from the Fusaea-1 exploration well have solidified PETRONAS’ standing in Suriname for material hydrocarbon resource, following the Sloanea-1 and Roystonea-1 discoveries.”
PETRONAS Vice President of Exploration, Mohd Redhani Abdul Rahman said, “The success of Fusaea-1 is a testament to the advancements in our geological comprehension of this region, bolstered by recent breakthrough in Roystonea-1 news PETRONAS makes discovery in Suriname’s offshore Block 52 and Sloanea-1. These discoveries have significantly expanded the prospectivity and integrated oil and gas development potential within Block 52. In pursuit of sustainable and high-value material resource, PETRONAS remains committed in its exploration activities in selected focus regions as part of its portfolio rationalisation efforts.”
Block 52, which covers an area of 4,749 m2 , is located north of the coast of Paramaribo, Suriname’s capital city, within the prospective Suriname-Guyana basin. PETRONAS Suriname E&P is the operator of Block 52 with a 50% participating interest together with ExxonMobil.
In addition to Block 52, PETRONAS Suriname E&P operates Block 48 and Block 63 with 100% participating interest and 30% non-operating interest in Block 64.