Apache Corporation along with partner, Total, lands on a third major oil discovery at the Kwaskwasi-1 well, in Block 58 offshore Suriname.
The discovery confirms a world-class hydrocarbon resource. This follows previous discoveries at Maka Central in January and Sapakara West in April.
The well was drilled by Noble Sam Croft drillship in a water depth of about 1.000 meters and well encountered 278 meters (912 feet) of net oil and volatile oil / gas condensate pay in two intervals.
The shallower Campanian interval contains 63 meters (207 feet) of net oil pay and 86 meters (282 feet) of net volatile oil / gas condensate pay. Based on samples taken, the API oil gravities are between 34 and 43 degrees.
The deeper Santonian interval contains 129 meters (423 feet) of net hydrocarbon reservoir. The team is still collecting data on API oil gravities in the Santonian.
Kwaskwasi-1 was drilled to a depth of approximately 6,645 meters (21,800 feet)
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 kilometers (9 miles) southeast of Sapakara West-1. The Keskesi exploration well will test oil-prone upper Cretaceous targets in the Campanian and Santonian.