Weg Naar Zee is a conventional oil development located onshore Suriname and is operated by Columbus Energy Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block Weg Naar Zee. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2024.
Field participation details
The field is owned by Challenger Energy Group.
Production from Weg Naar Zee
Production from the Weg Naar Zee conventional oil development project is expected to begin in 2024 and is forecast to peak in 2026, to approximately 892 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2073.
Remaining recoverable reserves
The field is expected to recover 4.21 Mmboe, comprised of 4.21 Mmbbl of crude oil & condensate.
About Columbus Energy Resources
Columbus Energy Resources PLC (Columbus Energy), formerly LGO Energy Plc is an oil and gas exploration and development company. The company acquires, explores, develops and produces oil and gas properties. It operates oil and gas assets in Trinidad including the South West Peninsula licenses and the Goudron Field. Columbus Energy identifies and acquires under exploited projects and implements oilfield technologies for exploitation in the oil and gas sector. It also holds interests in various private petroleum leases. Columbus Energy uses new technology and makes investments in exploration, work-overs, new facilities and the ongoing EOR campaign and infill wells. The company’s South West Peninsula licenses comprise Cedros leases, Icacos oilfield and Bonasse oilfield in Columbus. The company has operations in the UK and Trinidad. Columbus Energy is headquartered in London, the UK.
For more details on the Weg Naar Zee Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
