| Offshore | World-Class Prospects | Regional Overview | ||||
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USGS has identified the Guyana/Suriname Basin as the second most attractive under-explored basin in the world | |||
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Mid-point oil resource potential: 15.2 billion bbls | |||
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Gas resource potential: 42 trillion cubic ft | |||
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Tambaredjo (170 mmbbls recoverable) and Calcutta (15 mmbbls), onshore Suriname, are the only discoveries to date in the Guyana/Suriname Basin | |||
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Rampant exploration in Trinidad supports the burgeoning petrochemical industry | |||
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US$4 billion exploration and development forecast for Deltana platform, offshore Venezuela. Resource potential estimated by PdVsa to be 38-80 trillion cubic ft of gas | |||
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Border dispute between Guyana and Suriname was resolved on September 20, 2007, however from June 2000 through September 2007 offshore exploration was frozen | |||
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Significant exploration being undertaken in the Guyana/Suriname Basin | |||
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Guyana: |
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Suriname: Inpex - 3-D seismic interpreting Murphy - 3-D seismic completed; 2 wells announced 12 months |
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French Guiana: Tullow, Shell, Total - 3D seismic processing |
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