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April 28, 2022

Kwaskwasi Conventional Oil Field, Suriname

By Carmen

Kwaskwasi is a conventional oil development located in ultra-deepwater in Suriname and is operated by Total E&P Suriname. Discovered in 2020, Kwaskwasi lies in block Block 58, with water depth of around 3,280 feet.

The project is currently in feasibility stage and is expected to start commercial production in 2026.

Field participation details

The field is owned by TotalEnergies.


Production from Kwaskwasi

Production from the Kwaskwasi conventional oil development project is expected to begin in 2026 and is forecast to peak in 2027, to approximately 65,109 bpd of crude oil and condensate and 19 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2061.


Remaining recoverable reserves

The field is expected to recover 353.99 Mmboe, comprised of 337.83 Mmbbl of crude oil & condensate and 96.96 bcf of natural gas reserves.


Contractors involved in the Kwaskwasi conventional oil field

Some of the key contractors involved in the Kwaskwasi project as follows.

Other Contractors: Technip Energies and Yinson Holdings

About Total E&P Suriname

Total E&P Suriname BV (Total E&P Suriname) is an energy service providing company that explores and produces crude oil and natural gas. Total E&P Suriname is headquartered in Hague, Netherlands.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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