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November 23, 2021

Tambaredjo Heavy Oil Field, Suriname

By Carmen

Tambaredjo is a producing heavy oil field located onshore Suriname and is operated by Staatsolie Maatschappij Suriname. The field is located in block Tambaredjo.

Field participation details

The field is owned by Staatsolie Maatschappij Suriname.


Production from Tambaredjo

The Tambaredjo heavy oil field recovered 60.53% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 14.01 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 80% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 67.23 Mmboe, comprised of 67.23 Mmbbl of crude oil & condensate. Tambaredjo heavy oil field reserves accounts 0.15% of total remaining reserves of producing heavy oil fields globally.


About Staatsolie Maatschappij Suriname

Staatsolie Maatschappij Suriname NV (Staatsolie) is a state-owned integrated energy company. It explores for, 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.

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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