Tambaredjo is a producing heavy oil field located onshore Suriname and is operated by Staatsolie Maatschappij Suriname. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Tambaredjo. Buy the profile here.

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An expansion project is associated with the Tambaredjo, namely the Tambaredjo EOR Development. This project is currently in the feasibility stage, expected to start in 2026.

Field participation details

The field is owned by Staatsolie Maatschappij Suriname.

Production from Tambaredjo

The Tambaredjo heavy oil field recovered 57.91% of its total recoverable reserves, with peak production in 2008. Based on economic assumptions, production will continue until the field reaches its economic limit in 2070. The field currently accounts for approximately 80% of the country’s daily output.

About Staatsolie Maatschappij Suriname

Staatsolie Maatschappij Suriname NV (Staatsolie) is a state-owned integrated energy company. It explores, develops, and produces hydrocarbon products. The company refines crude oil into bitumen, premium diesel, premium gasoline, and fuel oil. Staatsolie assesses offshore hydrocarbon potential in the country and negotiates petroleum contracts with international oil companies and monitors the execution of these contracts. It sells refined products in domestic and Caribbean countries. The company has a mining interest in the Merian gold mine. The company has oil fields in the district of Saramacca and a refinery in the District of Wanica. Staatsolie is headquartered in Paramaribo, Suriname.

For more details on the Tambaredjo Heavy Oil Field, buy the profile here.

This content was updated on 7 February 2024

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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.