Gas from Guyana-Suriname basin: how soon? [Gas in Transition]

Guyana sees development of its offshore gas resources as a long-term prospect rather than as something for the short or medium term. [Gas in Transition, Volume 3, Issue 8]

The Guyana-Suriname basin is known to contain large amounts of natural and associated gas as well as crude oil. Gas accounts for about 25% of the 11bn barrels of oil equivalent (boe) in recoverable reserves discovered at Stabroek, a massive block offshore Guyana operated by ExxonMobil. It has also been found in sizable quantities at Block 58, a licence area offshore Suriname where TotalEnergies is serving as operator, and it accounts for a portion of the discoveries made in the northern section of the Corentyne block offshore Guyana, operated by Canada’s CGX Energy. Thus far, though, plans for developing these gas reserves have been slow to emerge. Among the three operators listed above, ExxonMobil has made the most progress – probabl... Ss Press Fittings

Natural Gas & LNG News, Americas, Insights, Premium, Gas In Transition Articles, Vol 3, Issue 8

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