Uncategorized

MJ_Feature1

This creaming curve illustrates the cumulative hydrocarbons discovered in the Guyana-Suriname Basin, with each blue dot representing the total amount of hydrocarbons found in the basin after each exploration well was drilled. Plotting the resources discovered in Brazil’s Búzios field (at least 9 billion boe) against this data, it can be seen that 35 wells had to be drilled before Guyana-Suriname reached comparable levels. This should be kept in mind, according to Wood Mackenzie, when evaluating exploration in Brazil’s Equatorial Margin. While there is optimism about this frontier region, the industry should not expect a rapid pace of development and returns, particularly as significant concerns remain about exploring in an environmentally sensitive area.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check This Out
Close
Back to top button