Congratulations to PETRONAS for its first oil discovery in Suriname, at the Baja-1 well in the country’s offshore Block 53.
The well, located about 189 kilometers offshore Suriname in a water depth of 1,140 meters, was successfully drilled to a total of 5,290 meters. It also encountered light oil in the Campanian-aged sedimentary sequence. Post-drill evaluation is ongoing to firm up the potential of the discovered resource.
The discovery at the Baja-1 well is an important milestone for PETRONAS in unlocking deepwater hydrocarbon resources from our exploration ventures. We are encouraged by this achievement and will remain focused on growing our international portfolio, especially in the Americas.
PSEPBV also holds 100 percent interest and operatorship in Block 48 and is in a 50:50 partnership with ExxonMobil Exploration and Production Suriname B.V in Block 52 within the prospective Suriname-Guyana basin. In 2020, the first hydrocarbon discovery was made in Block 52.
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