Total SA announced this morning that, along with joint venture partner Apache Corporation, it has made a significant discovery at the Kwaskwasi-1 well, in Block 58 off the coast of Suriname.
This mark’s Total and Apache’s third discovery of hydrocarbons after those at Maka Central in January and Sapakara West in April, earlier this year.
While conveying his delight with the third consecutive discovery, Kevin McLachlan, senior vice-president of exploration at Total, in a release, stated: “These very encouraging results confirm our exploration strategy in this prolific zone, which targets large volumes of resources at low development costs.”
The Kwaskwasi-1 exploration well was drilled by Apache, as operator with 50 per cent working interest, and Total, as the JV partner with 50 per cent working interest, using Noble’s Sam Croft.
According to the release, the partners drilled the well to a water depth of about 1,000 metres and discovered a total of 278 metres net pay of hydrocarbons.
Overall the well comprises 149 metres net in good-quality Campano-Maastrichtian — 63 metres of high-quality oil and 86 metres of volatile oil and gas condensates reservoirs — and 129 metres of net hydrocarbon pay in Santonian reservoirs.
At present, the explorers are conducting a wireline logging to determine the quality of the fluids at the Kwaskwasi-1 well. With this third discovery, Apache believes that Block 58 has confirmed it is a world-class hydrocarbon resource.
“While we have a lot more work to do, a discovery of this quality and magnitude merits a pace of evaluation that enables the option of accelerated first production.”— Apache President and CEO John J Christmann
Upon completion of operations at Kwaskwasi-1, the Sam Croft will move to the fourth prospect in Block 58, Keskesi, which is located approximately 14 kilometres (nine miles) southeast of Sapakara West-1
“The next and fourth exploration well will be drilled back to back on the Keskesi prospect. Total will take over as operator of the Block after the drilling of the fourth well,” the Total SA release outlined.
Apache CEO and President John J Christmann also expressed satisfaction with the discovery and highlighted that Kwaskwasi-1 well has been the company’s most promising discovery to date.
“While we have a lot more work to do, a discovery of this quality and magnitude merits a pace of evaluation that enables the option of accelerated first production,” Christmann added.
To this end, in early 2021 both Apache and Total SA will conduct appraisals of their 2020 discoveries, along with an additional exploration campaign.