Two critical wells targeting the promising geological formation known as The Golden Lane will test Suriname’s offshore oil ambitions. Drilling of these wells, Caiman-1 and Kiskadee-1 in Block 52, is expected in the second half of 2025.
PETRONAS, the operator of Block 52, leads this exploration effort, with these wells positioned directly in a region that has consistently yielded oil discoveries. The Golden Lane extending from Guyana into Suriname offers favorable geological conditions for discovering hydrocarbons. Caiman-1 and Kiskadee-1 are the only two wells planned this year offshore Suriname that will be entirely within this prolific corridor.
The industry will focus on their outcomes as success would reaffirm The Golden Lane’s reputation as a reliable oil bearing zone.
The Golden Lane got its name from a succession of oil finds tracing a narrow band from ExxonMobil’s Liza discovery in Guyana to emerging prospects in Suriname.
Industry experts describe it as a high-probability zone where nearly every well drilled has struck hydrocarbons. Success would attract more investment and accelerate 48 development timelines for commercial production in the country. The performance of Caiman-1 and Kiskadee-1 may also influence Surinamese national policy on infrastructure and export strategy.
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Golden Lane: An overview map of the Suriname-Guyana Basin shows the ‘Golden Lane’ and various exploration and production blocks in Suriname’s offshore and onshore areas. (Photo credit: Staatsolie)
