39. Guyana – Orinduik Petroleum Agreement

39. Guyana – Orinduik Petroleum Agreement

How much money could (would) Guyana get from its Orinduik Profit Share ?  Based on 2.9 billion BOE (Gross P50) reserves.

From “Rags to Riches”, “a nation that did not expect to win the lotto”, “soon to be the richest corner of South America”.

  1. Petroleum Agreement signed 14th Jan. 2016
  2. One year after Liza giant discovery, May 2015
  3. And 5 months before 27th June, 2016:
  4. When ExxonMobil’s original contract (June 14, 1999) was re-negotiated (though, just few items, as 2% Royalty, instead of 0 %)
  5. Royalty is only 1 %, and, in addition…included in the profit share of the Government (Article 15.6):
  6. wowww…how beautifully negotiated and also obtained…by the IOC…Two-in-one, for one price.
  7. Monthly Profit Oil Share, with increasing production from 50% – up to 60 % (Article 11.4)
  8. 2.9 billion BOE (Gross P50) reserves
  9. This Contract is ” similar ” in many aspects to the ExxonMobil contract.
  10. The royalty is even lower (1% vs. 2%).
  11. Total exercises option to acquire 25% Working Interest in the Orinduik Block, offshore Guyana, from Eco Atlantic (Guyana) Inc. (13 September 2018).
  12. WI’s in the Orinduik License will now be as follows: 
  13. Tullow 60% (Operator); Total 25%; Eco Guyana 15%
  14. Question ?
  15. Did Guyana seize this opportunity to negotiate a better, upgraded, ” proven basin ” profit share formula ?
  16. (inserted: Guyana accepted Total’s farm-in end october 2018).
  17. Covering at least the intended Total 25% WI farm-in portion.
  18. That still has to be officially accepted and approved by Guyana ?
  19. FYI, my opinion:
  20. Orinduik PA presents similar crucial pitfalls, loopholes and omissions as the ExxonMobil PA.
  21. Analyzed and indicated in various of my blogs and on Linkedin
  22. How much money could (would) Guyana get from its Orinduik Profit Share ?
  23. Based on published Gross P50 reserve numbers
  24. Make your own fiscal – economic runs
  25. If adapted, upgraded to ” Proven Basin PA Clauses “.
  26. Thus, increased profit share formula and royalty (e.g. 6 %)?
  27. How many billions US$ extra in entitlement and profit share ?
  28. With 2.9 billion BOE:
  29. 1% Royalty = X bbls/US$
  30. 6% Royalty = 6X bbls/US$
  31. How many billion US$ does this represent ?
  32. YY or YYY billion US$
  33. Just calculate yourself.
  34. How many (2 digits? 3 digits??) billions US$ you have won / lost….with this deal…
  35. Faîtes vos jeux
  36. Disclaimer
  37. These are solely my own personal musings
  38. To Whom may be interested
  39. To Whom it might be of fair and constructive use
  40. As an independent petroleum advisor
Orinduik License Possible Reserves
Orinduik License Possible Reserves
Orinduik License Possible Reserves
Orinduik Petroleum Agreement
Profit Share
Profit Share
Royalty
Royalty

15. Geology in Art (1)

Venezuela, El Litoral, Galipán - J. Aponte, 1994 - Caracas
Venezuela, El Litoral, Galipán – J. Aponte, 1994 – Caracas

15. Geology in Art (1)

My Linkedin post 7th August 2018

Explorer? 

Discover?

Geology in Art: Venezuela, El Litoral:

Picacho Galipán y Macizo del Ávila desde Caraballeda.

Oil Painting, 1994. Impressionism style.

Artist: José Aponte (born 12 Sept. 1942),

Painter La Plaza de Los Pintores, Avenida Casanova, Caracas. Premio Nacional holder.

José Aponte before becoming a very successful autodidact painter and artist was a tough boxer.

Till the moment that he was knocked out of the ring by Mócho Hernández.

That propelled him to explore for a new and different exciting passion.

He lived for some time, accompanied by his mother, in Europe, Rome. When back in Venezuela he was assigned his own artist’s corner, along one of the main avenues in Caracas.

By Mr. Diego Arria, former governor of Caracas.

He made this painting on my request ?

It shows the really stunning and impressive mountain view of the wild Caribbean Mountain Chain.

As seen from the rugged coast and Caribbean seaside.

For explorationists additionally it exhibits and permeates the even so, most interesting dynamic geological and tectonic dimension, as described in:

the Geology of the area on the oil painting http://www.funvisis.gob.ve/old/archivos/pdf/ponencias/2001_FVISst_JAR.pdf

My own collection.

Beautiful landscape. Art and boxing. Hands that are delicate as they are fierce!

Simon,

Thanks for your sharp comment.

Yes, indeed.

That was one of the things that amazed me.

While we used to watch him painting, in the evening, in his own painter’s corner along the boulevard. That we often visited.

How is this possible?

With those same boxer’s hands, knuckles and fingers ?

To produce such beautiful pieces of art.

But.

Reason why I ventured to ask him to make this specific painting.

That certainly requires some inner boxing fury.

To express the dynamism and geotectonic fury that formed this coastal mountain range and landscape ?

Faults and transtensional, transpressional, compressional structures, mountains, the result of stresses produced during the large eastward translation of the Caribbean plate since the Paleocene…etc. etc. etc.

(…for geo-addicts…).

37. Geo-Art: Pangaea Sunsets et al.

Pangaea
” Pangaea Restless ” – Painting in acryl by artist M.A. Chin-A-Lien – 2006, The Netherlands

37. Geo-Art: Pangaea Sunsets et al.

These paintings in acryl were created by my dear wife. She is a painter and artist as well, within others.

She studied at art academies in Venezuela, the Netherlands, Spain, Madrid.

Also Suriname, Paramaribo at Nola Hatterman Art Academy. With guidance of Wilgo Vijfhoven and Rinaldo Klas. Two well known, colourful local and international well-known artists, both with their own unique art style.

Pangaea Sunset
” Pangaea Sunset as Indulged by a Mesosaurus” – Painting in acryl by artist Mrs. M.A. Chin-A-Lien – 2006, The Netherlands

She is really fascinated by painting geological features in an expressionistic style in her creations. This inspired by the fact that we talk a lot about geology, petroleum exploration etc. etc.

Geo-Climate Change
” Geo-Climate Change ” – Painting in acryl by artist Mrs. M.A. Chin-A-Lien – 2008, Suriname

36. Geo-Art: Liza in 2008. Deep Sea Fans and Canyon Heads

Enjoy, Geo-Art.

36. Geo-Art: Liza in 2008. Deep Sea Fans and Canyon Heads

Guiana-Suriname Basin - Play Concept & Petroleum Habitat
Guiana-Suriname Basin – Play Concept & Petroleum Habitat

36. Geo-Art: Liza in 2008. Deep Sea Fans and Canyon Heads

Deep sea fans and canyon head deposits on the Continental Shelf, Guiana-Suriname Basin, 2008.

This is geo-art based on petroleum exploration geosciences.

Acryl paintings made in 2008.

Eight years before giant Liza 2015 offshore discovery. She was still on the waiting list. ” In-statu-nascendi “. Patiently waiting to be magnificently drilled and discovered by ExxonMobil.

An artistic expression of already a common situation offshore Guiana-Suriname Basin.

In my geo-mind ?

I had already imagined, constructed, admired, cherished and unveiled them.

Representing the giant Berbice canyon and its head, funnelling and guiding prospective turbidites. Slope, channel complexes and deeps fans. That were supplied by their provenance area on the Guyana Shield hinterland. Debouching and deposited via mainly 3 canyons, on the continental slope and splaying further onto the abyssal plain deep offshore.

From Lower Cretaceous times onwards.

Much later to become very popular leads, prospects and eventually giant petroleum fields, in 2015. In the Upper Cretaceous and Tertiary sediments. Sparking the ongoing Black Gold Rush.

These paintings were hanging on the walls of my office in Staatsolie.

Simple.

The play concept and petroleum habitat. Beautifully painted in acrylic. Impressionism, Vincent Van Gogh style ?

Already in 2008.

Pre-discovery time ?

” Petroleum is first found in the mind of the explorer “.

Of

Liza…and 8 others, already 4+ billion bbls reserves,

18 remaining propects just in Stabroek License,

Orinduik, much more to come.

Also in nearby licenses and in Suriname (Pontoenie-1 ?).

Soon.

Liza Deepsea Fans & Canyon Head - Guiana- Suriname Basin - 2008 - M.A. Chin-A-Lien
Liza Deepsea Fans & Canyon Head – Guiana-Suriname Basin – 2008 – Artistic interpretation and Acryl painting by Mrs. M.A. Chin-A-Lien, Paramaribo, 2008.

Why ?

I had the privilige to work on the whole Guiana-Suriname Basin for an extended time. Serving also Staatsolie, Suriname as an exploration advisor.

Part of this technical work I presented in december 2009. On offshore Guiana-Suriname Basin. A summary of the whole gamut of play types, leads and their prospectivity. In tandem herewith the newly re-defined licence blocks on offer in Suriname, then mainly open. This in line of the strategy to actively promote offshore Suriname to IOC’s. Now most fortunately most licensed. Even Demerara High area.

With.

Excellent PSC’s.

Mind you. No fuzzing and fighting. No public discussions. No uncertainties. All transparent. Black on white. Professionally. Signed.

Beforehand, of course, a most clear view and strategy. A pre-defined level playing field set. What exactly do we want. What exactly we do not want. Who do we want. Who do we not want. Like it or not. No complaints. Negotiated, give and take, no-yes-no-yes-no-Yezzz. Agreed, mutually, sure-about-it? Yes, signed, silent and go for it.

Simple.

Staatsolie, is a unique role model. For developing countries. Founded and grown up from scratch. Within others by geologist Dr. Eddie Jharap himself, the first and longstanding managing director. Please read his interesting book and biography on how he did it. Awesome.

Staatsolie now?

A grown-up and fully respected oil firm. With both technical and managerial grounded expertise in the whole value chain of oil and gas. Amazing, they did it on their own, they did it their way. Silently.

 Dr. Jharap was about to finish his studies with structural geologist professor L.U. de Sitter. When I arrived as a green rookie at our mutual Alma Mater, Leiden.

My presentation was in Trinidad, Port of Spain during the Caribbean Energy Conference.

These 2 paintings were created by my dear wife. She is a painter and artist as well, within others. She studied at art academies in Venezuela, the Netherlands, Spain, Madrid. Sranankondre, Paramaribo at Nola Hatterman Art Academy, with guidance of two well known, splendid and colorful local artists, Wilgo Vijfhoven and Rinaldo Klas.

She accompanied me during the presentation. Is really fascinated by the dynamics of the canyons, turbidites and deep fans.

These paintings were made by her on my request.

First presented, during her art exhibition titled ” A Tribute to Suriname ” in April 2010. Together with other 25 paintings. In Paramaribo, Suriname. Sponsored by the Embassy and Consulate of Venezuela, that has a special cultural area and building, such as for art expositions.

I wish to share it with you, enjoy.

Liza Deepsea Fans & Canyon Head - Guiana- Suriname Basin - 2008 - M.A. Chin-A-Lien
Liza Deepsea Fans & Canyon Head – Guiana- Suriname Basin – 2008 – Artistic interpretation and Acryl painting by Mrs. M.A. Chin-A-Lien, Paramaribo, 2008.

As an art lover, contantly stepping in and out of museums, art galleries etc. etc., wherever I go and can go. Since being a kid at high school, till now I have never seen any other oil or acryl paintings of this subject. Not even in my favourite museum in Amsterdam. Van Gogh museum. Neither in the Palazzo degli Uffizi della bella Firenze. Of course.

Though?

A few neat hand drawings (no, not computer generated) of him, Poet, paleontologist and also mining engineer. His interesting sketches and notes on geology in general are conserved today at the archive in Weimar. Mr. Johann Wolfgang von Goethe. 

Sure, sure, sure. Almost forgot him. Sorry, before quitting. The greatest genius all times. Even though he never painted or published on relativity theory, quantum mechanics and black holes.

He was not just a great painter.

He was also a brilliant geologist,

as the latest instalment of an interactive series on his drawings revealed. Rocks pile and gather and disintegrate in mountains, caves, strata and screes in his paintings. The two versions of his picture of The Virgin of the Rocks in the National Gallery’s exhibition of his art glory in two different imaginary caverns. Each with its own rich earthscape of stone perforated and sculpted by wind and water. But he did not only look at stone from a painter’s point of view. It was not a background feature in his eyes. It was a scientific problem.

As a geologist he anticipated the scientists of the 18th and 19th centuries who were to prove that the Earth is far older than it says in the book of Genesis. When scientific pioneers around 1800 recognised fossils for what they are, traces of ancient animal, and analysed the processes that create and erode rocks, they quickly reached a set of conclusions that led to Darwin’s theory of evolution and a crisis of Christianity. But amazingly, this self-taught researcher thought through a lot of their key discoveries. Hundreds of years earlier ?

Leonardo da Vinci

Further.

If you have seen other Liza subsurface discoveries in oil or acryl paintings ? Please let me know, a reference of the artist and/or a picture. Who knows yourself are a geo-artist as well ? Would like to see them. Many thanks in advance.

Geo-Art.

Enjoying the subsurface discoveries, also in art paintings on the wall.

 

35. Curaçao Seroe Domi Fm. – Reservoir Analog Perla Giant Field

35. Curaçao Seroe Domi Fm. – Reservoir Analog Perla Giant Field 

Curaçao - Cero Mansinga - Seroe Domi Fm on Basement
Curaçao – Cero Mansinga – Seroe Domi Fm on Basement – My own pic.

Contents (12):

1  Introduction

2  Intermezzo.  Analogs, home-made.

3  Perla reservoir carbonates

4  Korsou wishful thinking

5  Island in the sun

6  Cerro Mansinga – Seroe Domi Fm. & Basement: Perla analog

7  Caracas Baai – Seroe Domi Fm.& Basement: Perla analog

8  Curacao Stratigraphic Column

9  Venezuela Onshore Analogs of Offshore Perla Field ?

10 Kinematic reconstruction of the Caribbean region since the Early Jurassic

11 Major Hydrocarbon Plays in the Caribbean and Northern South America

12  Basement of Aruba and Curacao

13  El último Romántico – Doble RR – Video & prcious son

14. Paraguaná – Geology – Datapack pdf.

15. Aruba, Well Bon Bini. Dry Hole ?

 

  1. Introduction

The Perla giant gasfield in Venezuela, Paraguaná, contains 17 TCF of gas and condensate (OHIP > 2000 MBOE).

It is the largest offshore gas field in Latin America. A world-class supergiant discovery.

Perla-1X discovery well in 2009 encountered a 240 m (775 ft) hydrocarbon column. Production testing yielded high quality gas, with a capacity of 600,000 cu m/d (circa 3,700 boe/d) and 500 b/d of condensate.

Curacao and especially Aruba are located near to the giant Perla gas field and are an integral part of the Falcon-Bonaire Basin.

Analog of the Perla field reservoirs (carbonate platform with isolated islands) is the Seroe Domi Formation on Curaçao, Aruba and Bonaire. They are of the same Neogene (Oligo-Miocene) age.

The Seroe Domi Fm. carbonates are part of the same large carbonate platform and ramp geologic setting of the Perla reservoirs. This based on their paleogeographic position when they were formed, in Oligo-Miocene time within the Falcon-Bonaire basin.

Seroe Domi Fm. has abundant outcrops on Curaçao where it is up to 350 meters thick.

Seroe Domi seen from our room - a Post-Impressionism view
Seroe Domi as seen from our room, at home. A real dushi Curaçao, sweeping Impressionism view. Own picture of my beau motif. Sè swa. Seroe Domi ? In fine arts impressionism painting ? For myself ? Also a  striking analog with Paul Cézanne’s beau motif, Mont Sainte-Victoire. So often painted from his house and art studio in France, Provence, Les Lauves. Even so located at the foothill of his beau motif. Inserted in the upper right hand corner of the photo collage.

2. Intermezzo. My two “ beau motifs “. Seroe Domi and Montagne Sainte-Victoire.

Seroe Domi itself is a small, lovely nostalgic hill located next to our parents house, kneeled at its foothills. A site where we were priviliged to grow up. Our extended garden and playground, where we indulged much time recreating, strolling and crawling. With my brothers, cousins, extended family, friends, the whole crew.

It exercises a commanding presence over the area around it.

A really awesome 360 degrees view of the Curacao landscape, when sitting on the top, with the trade winds graciously blowing through your sleek hairs and around your face.

The site of my first geological discovery trips, where I got infused by the ” geology & geo-mania ” exploration virus. Inescapably struck by all the interesting corals and fossils that I could admire while swimming in our stunning beaches and in the nice caves where we played. ” How the heck come that I can find the same corals of the beach up here on this hill. Who did this and how, I thought ?”

Our stage play as little bandits and outlaws, just as in Bonanza, the black & white classic western tv series en vogue. Discoverers or even autochthonous Arawak indians fighting and repelling the intruding malevolent Dutch pirates. While on our Seroe Domi.

Looking out from our boys room at home, such as now when visiting my dearest 100+ years mother, the Seroe Domi still is our lifetime best friend and twin companion.

Our hill therefore occupies a prime place in my memory lane. A role analogous to the Montagne Sainte-Victoire to Paul Cézanne in Provence, France. His preferred “ beau motif ” so often painted straight from his art studio and house. The famous French post-impressionism artist, of whom I became a big fan.

Seroe Domi “ Beau Motif “.

Miocene limestone Seroe Domi & Jurassic limestone Mont Sainte-Victoire. Both are both carbonate platform and impressionism beau motif analogs. United in my geo-mind ? Grown up in the geological and artistic setting of two famous analogs.

The geologic habitat of my parents home ?

Similar to the habitat of Perla giant field ? Also an analog?

Standing on basement (Curacao Lava Formation: Cretaceous volcanic rocks, diabaas or pillow lava basalts; see Annex 1). Invisibly (…only visible for geologists though…) followed by some 65 million years of geologic history. Not represented by any rocks, on this particular spot (eroded?). Unconformable overlain by our beloved Miocene Seroe Domi formation.

Where ?

This regional unconformity (Venezuela, Antilles etc.), juxtaposing the 2 formations, is located at 2 minutes walking from home. Situated exactly where the pole without the precious streetname, “Gouverneur van Lansbergenweg”, is located.

Please note that many poles with ” street names ” in my little paradise still suffer from severe dementia and/or Alzheimer. Sorry about that. Who knows the proceeds of a Perla-like discovery offshore Curacao could help to resolve this little problem. For this moment use your updated world Garmin Navigator.

Gouverneur van Landsbergweg - Location unconformity Cretaceous Diabaas Basement overlain by Neogene Carbonate Seroe Domi Formation.
Gouverneur van Landsbergweg – Location unconformity Cretaceous Diabaas Basement overlain by Neogene Carbonate Seroe Domi Formation: this is what the name plate in fact should indicate, for a geologist.

Further.

3. Perla reservoir carbonates

On a larger macro scale the basins that surround Curacao, Aruba and Bonaire in fact were part of the greater Falcon-Bonaire Basin.

Thicknes & Geographical Extension Perla Reservoir and Giant Carbonate Platform - D. Pinto, 2016, LinkedIn.
Thicknes & Geographical Extension Perla Reservoir and Giant Carbonate Platform – D. Pinto, 2016, LinkedIn. –

Note the regional extension of very thick Perla Limestone reservoir rocks (up to 2400 ft/ 800 m. thick). They extend and thicken to the north and east. The Seroe Domi Fm. on Curaçao (Aruba, Bonaire) is part of the ” Main Carbonate Platform/Ramp with Paleohighs Setting ” of the Perla Giant Field reservoir rocks. Aruba is located in the NE corner of the map. Curaçao is located farther east.

Aruba has limestones equivalent to the Miocene shallow water Cauderalito member of Falcon Basin (central and western parts), Venezuela. This bioclastic limestone, up to 500 ft thick and deposited unconformable on the basement, is the lowermost Miocene horizon of the Agua Clara formation

The upper Agua Clara member is the source rock that has generated the oil discovered in offshore La Vela Bay, Venezuela. It is a thick, dark grey shallow neritic shale with oil prone kerogen.

Another source rock exists in Falcon basin (northeast part), of the same age (“twin brother or sister”) as the upper Agua Clara member in Central Falcon. The Aguide shales and marls of the San Lorenzo formation (Lower Miocene, part of the Agua Salada Group). These are all impregnated with petroleum, even the shells of the foraminifera.

In Perla gas field geochemical analysis show that most of the gas was of thermogenic and probably sourced by Early Tertiary rocks from the west flanking deep Urumaco trough and its petroleum kitchen.

La Vela Bay is an offshore extension of the Falcon Basin. La Vela Bay is separated by a main fault from Paraguana positive area, that was source of clastic sediments. An exploration program of 13 wells, started in 1966 resulted in 5 discoveries. Three oil producers (nr. 2,5,13), one gas producer (nr. 12) and one oil and gas producer from two different zones (nr. 4).

Falcon onshore has a proven petroleum habitat with a lot of producing oil wells and oil seeps (such as Mene de Acosta).

In La Vela Bay the Miocene lies unconformable (regional Caribbean platform unconformity) on Cretaceous basement (phyllite and gneis) or on continental red beds of suspected Oligocene age (E.Vasquez, WPC-16217,1975). Analogous to Curacao.

Perla look-alike leads, prospects and fields could be present in offshore basin(s) surrounding Curaçao, Aruba and Bonaire. These cover some 3000 km2. It is an extensional basin with a sea depth of max. 6560 ft, where a very thick pile of some 23,000 ft. of Tertiary sediments was deposited.

4. Korsou Whishful Thinking

They are patiently waiting, since Curaçao was discovered by Alonso de Ojeda in 1498, specifically for catalysts? The leads, prospects and possible giant fields? Such as for interested foreign oil firms with clever, smart and creative explorationists that dare to imagine, entrepreneurs and bold investors. To be unveiled, exploited and capitalised.

Curaçao policy makers and organisations responsible for promoting and executing petroleum exploration activities unfortunately have a decades standing proven blindness, deafness, paralysis and inertia for this most important subject. In a “deep sleeping and relax” mode, as the sleeping beauty in the fairy tale of Grimm.

So far, even though secretive and not transparent, they have convincingly demonstrated to completely lack the required knowledge, vision, awareness, sensibility, stamina and passion. To pro-actively incorporate exploration for these precious and most valuable offshore natural resources supplied by Mother Nature. As an integral part of their sacred country mission, strategy and realistic short term government plans.

This to generate substantial, sustained and strategic value with high additional state income raising the quality and living standard for all.

Such as to eradicate the still so large group of poor people and impoverished areas that abound all around on my little native paradise in the pristine, emerald blue caribbean sea.

Imagine how tremendously positive the impact of a 17 TCF  (17 trillion cubic feet) Perla-like discovery could be for the 150,000 Curaçao inhabitants ?

The best well flowed 68 million scf/d of gas and 1,350 bpd of condensates.

Daily production of 34 million m3/d (1,200 MMcf/d) of gas, as in Perla.

Would represent 22 million US$/day, thus 8 billion US$/year of petroleum generated gross revenue.

Some 3X present GDP !

As reference, present day gasprice for households in the Netherlands is 0.65 € per cubic meter. Bro & sisa, what a could-be hugh cake and present, from dear Mother Nature. Sè swa.

Curaçao GDP (PPP) is $ 3.1 billion @ 2012 (est.), World Rank 188 (CIA Factbook, Feb. 2018). Industry sector contributes with a very meager 15,5 % to GDP.

” And the vision in my mind. Still remains. Within the Sounds of Silence “.

” Petroleum is always first found in the mind, educated guess and imagination of a creative and bold petroleum geologist “

It is sometimes more so a colourful (caribbean carnavalesque, grotesque and burlesque though; utterly disgusting for an explorationist) issue during election time. For populists trying to  gain votes.

When one could admire 2 political candidates on tv. One most joyously and enthousiastically waving with unidentified petroleum-related maps (?). To vaguely and misteriously ” discuss ” on petroleum potential items ?

Yeahhh…

Mainly to quarrel about a petroleum potential ” study ” made, but never read or properly understood. That surprisingly was lost and findless in all the archives of all those involved in the heated discussions.

By the way, it is is just a click away, each and anyone can freely see and access it on internet (attached below – Video dr. P. Mann). Sè swa.

These natural petroleum resources can catapult a country into a very prosperous oil boom. Multiplying it’s GDP, substantially elevating and ameliorating poverty, raising the standard and quality of life in the country.

Guyana, presently with the recent offshore discoveries of the giant fields that contain some 4 billion barrels reserves of light, excellent quality petroleum. Propelling an unprecedented black gold rush with sustained prosperity and substantial income. Amounting to over 10 billion US$, already from 2020 on with unrivalled Guyana Basin production of 100,000 – 200,000 barrels offshore. Mind you, this is just the beginning of their petroleum love story.

Suriname soon to follow with offshore discoveries in the same prolific Guiana-Suriname petroleum basin.

Ghana since a decade with prolific petroleum production and income from the Jubilee giant oil field discovery.

Annual 2017 GDP growth rate of 17% in the Industry sector. The Mining & Petroleum sub-sector with a growth rate of 47%. Ghana is receiving some 1 billion US$ petroleum revenue per year.

Aruba is on the right track for petroleum exploration and production. With a clear vision, mission, dedication and tenacity since 4 decades. Fortunately.

Spud date is 11th June 2018. The well of Repsol & Partners, offshore Aruba. Repsol contracted Seadrill drillship West Capelia for one exploration well term. A 6th generation ultra-deep drillship of Samsung design, built by Samsung Heavy Industries in 2008.

Aruba will find their own 2018 Perla Arubiano giant gas field, hopefully. They fully deserve it after chasing it for so long.  Fingers crossed, lots of success and petroleum generated prosperity.

My Dushi Curaçao ???

Poised to realise at some point in time (…if ever) that they have completely missed both train and boat. Failing to capitalise and monetise these possible natural treasures in its subsurface.

Realising in retrospect that there were most valuable and accessible resources in their subsurface available. Forever stranded.                     Worth many, many, double digits billions of US$.

Afterwards.

When the transforming world has fully reached the now fast developing Paris Accord 2015 stage and objective that aims mainly the use of other types of clean energy.

Bonaire vs. Falcon-Bonaire Basin petroleum exploration ?

Same story. Never occurred yet to any policymaker or influencer on Bonaire. To promote chasing petroleum natural resources. As a means to drastically raise the living standard. As far as I can track.

Most fortunately !

” Wat niet weet, wat niet deert “

” It is innocence when it charms us. Ignorance when it does not “.

Ajo, bye bye.

Amen & A breathtaking Italian Carrara Marble Cross & R.I.P.

To be included in the history books, forever.

” Curacao and The Risk of Doing Nothing

I’m forever blowing bubbles,

Pretty bubbles in the air,

They fly so high, nearly reach the sky,

Then like my dreams they fade and die

John Kellette, Jaan Kenbrovin 1918 “

Please turn this void page to the next exciting chapter.

“But the vision in my mind. Still remains.

Within the Sound of Silence”.

” All-in-1 Consultant, Available-to-Serve-You.

For grounded, vintage stewardship to successfully find lots of oil, mineral resources, develop your business and get sustained value for money ?

See <Contact & Contract Me>

marcelchinalien@gmail.com “.

5. Island in the sun

6. Cerro Mansinga – Seroe Domi Fm.& Basement. Perla analog

Seroe Domi Fm. - Cerro Mansinga
Seroe Domi Fm. – Cerro Mansinga 1 – My own picture.
Seroe Domi Fm. - Cerro Mansinga 2
Seroe Domi Fm. – Cerro Mansinga 2 – Re. B.W. Fouke, 2007. Geological crossection of the picture.- Note the striking analogy with Perla field habitat: Seroe Domi Fm. carbonates unconformable on a Basement High.

7. Caracas BaAi- Seroe Domi Fm.& Basement. Perla analog

Seroe Domi Fm. unconformable in Basement diabase
Seroe Domi Fm. unconformable on Basement (some 60 million years difference between both)-My own picture. Note the striking analog with the habitat of Perla giant field and of Paraguana exploration wells in La Vela Bay – Offshore, near Paraguana Peninsula the Miocene is underlain by Cretaceous basement composed of phyllite and gneis.Or by continental red beds of Oligocene age. Thirteen exploration wells have been drilled in the western portion of La Vela Bay (beginning in 1966). Five were discoveries, 3 oil producers (Nr. 2,5,13), one gas producer (Nr. 12), one oil and gas producer from 2 separate zones (Nr.4). The dominant structural feature was a large NW-SE trending nose which is perpendicular to the Falcon structures onshore, suggesting presence of a major E-W trending fault system near shore. One of the main faults separates the La Vela Bay from the Paraguana positive area which appears to be the source of clastic sediments (E. Vasquez, WPC-16217, 1975).

Note the striking analog with the habitat of Perla giant field and of Paraguana exploration wells in La Vela Bay – Offshore, near Paraguana Peninsula the Miocene is underlain by Cretaceous basement composed of phyllite and gneis.Or by continental red beds of Oligocene age. Thirteen exploration wells have been drilled in the western portion of La Vela Bay (beginning in 1966). Five were discoveries, 3 oil producers (Nr. 2,5,13), one gas producer (Nr. 12), one oil and gas producer from 2 separate zones (Nr.4). The dominant structural feature was a large NW-SE trending nose which is perpendicular to the Falcon structures onshore, suggesting presence of a major E-W trending fault system near shore. One of the main faults separates the La Vela Bay from the Paraguana positive area which appears to be the source of clastic sediments (E. Vasquez, WPC-16217, 1975).

Perla Field - Miocene carbonates on Basement
Perla Field – Miocene carbonates on Basement – Re. D. Pinto, 2016, LinkedIn – Note striking identical analogy with Curaçao situation: Seroe Domi Fm. unconformable on Basement high. My parents house, where we grew up, has exactly the same geological habitat. Build and standing on (Creataceous) Basement. With the Miocene carbonates of Seroe Domi (& Formation) where we played as kids, lying unconformable on Basement. A ” housemade ” analog of Perla giant gas field, offshore Paraguaná, Venezuela.

8. Curacao Stratigraphic Column

Stratigraphic Column Curaçao
Stratigraphic Column Curaçao. Note the position and ages of the Basement (Curacao Lava Formation, CLF) and the Seroe Domi Fm. and  Early Miocene clays & marls from SE Aruba. And their analogy/similarity with Perla geological habitat.

9.Venezuela Onshore Analogs of Offshore Perla Field ?

San Luis and Churuguara carbonates are potential analogs of Perla Field, in the Gulf of Venezuela. Both are Oligo-Miocene outcrops from the northern and southern Falcon Basin. Perla carbonates constituted a carbonate ramp, dominated by rhodolithic coralline algae and larger foraminifera. The Churuguara outcrop may represent a partial analog of the non-reservoir distal ramp of Perla.

Re.: E. Albert-Villanueva et al., AAPG, Spain, 2016

10. Kinematic reconstruction of the Caribbean region since the Early Jurassic

Please watch and follow how Curacao develops through geologic time. Especially the development of the Falcon-Bonaire Basin.

Video Lydian Boschman.

11. Major Hydrocarbon Plays in the Caribbean and Northern South America – 

Dr. Paul Mann, of University of Houston – Video

12.  Basement of Aruba and Curacao

The house of my parents is built on Basement, known as diabaas on dushi Korsou.

The garden where we played as kids has an interesting geologic history.

It is located on a Basaltic Oceanic Plateau.

This is part of the Caribbean Large Igneous Province (CLIP) that represented a massive basaltic flooding on the Farallon Plate in the Pacific ocean 91-88 Ma ago. Extrusion occurred below sea level, in the Late Cretaceous. This magmatic event has been attributed to the plume-head stage of the Galapagos hotspot. Location was off the coast of present-day Colombia in todays’ Pacific (White, Tarney, Klaver, & Ruiz, 1996).

The Aruba-Curacao lava basement is a detached remnant part of this volcanic basalt flooding and is the origin the Aruba Lava Formation (ALF, 90 Ma; The Aruba batholith itself is 88.6 Ma.) and the Curacao Lava Formation (CLF, 88.6 Ma). Bonaire has no CLIP material. But has island arc rocks with 3 different ages of 94.6, 98 and 112 Ma.

The Leeward Antilles are located near the Caribbean-South American plate boundary.

Aruba and Curacao contain magmatic rocks that are geochemically very similar to the island arc rocks from the southern Aves ridge. They are fragments of the Great Arc of the Caribbean on the former leading edge of of the Caribbean plate. It has been in oblique collision with the northern margin of South America for most of the Cenozoic.

The Leeward Antilles area has therefore been shortened by inversion of normal faults and right-lateral strike-slip faulting. Related with the collision with the South American continent and subsequent segmentation in extensional basins by a phase of oblique normal faulting.

Also Aruba and Bonaire have undergone a clockwise rotation of 90 degrees with respect to the stable South America, since Late Cretaceous.

13 El último Romántico – Doble RR – Video & precious song.

14. https://www.researchgate.net/profile/Franco_Urbani/publication/312971335_Paraguana_Peninsula_Venezuela_A_compilation_of_geological_information_-_Una_recopilacion_de_informacion_geologica/data/58bdb6d645851591c5e9b713/Paraguana-data-pack.pdf

15. Aruba, Well Bon Bini. Dry Hole ?

https://retkaribense.ntr.nl/2018/08/02/boramentu-pa-gas-na-aruba-a-kaba-no-por-kontrola-e-impakto-riba-turtuga-menasa/

ORANJESTAD – E promé boramentu di prueba pa gas dilanti kosta di Aruba a pasa. Tin gas?
E kompania spañó di zeta Repsol no ta bisa si a haña gas.

Armando Curet di e kompania di gobièrnu envolví CAP ta bisa ku e boramentu a bai ‘masha fásil’ i ‘sin problema’.

Aktualmente ta studia e resultadonan di e boramentu di prueba. E barku di bora entretantu a bai Kaapstad. Pero a anunsiá mas boramentu.

Aruba Offshore Prospects – MapStand Ltd 2018

16.

 

34. Venezuela – Maracaibo Basin – Marine Type Oil Characteristics

34. Venezuela – Maracaibo Basin – Marine Type Oil Characteristics

Maracaibo Basin - Marine Type Oil 1
Maracaibo Basin – Marine Type Oil 1
Maracaibo Basin - Marine Type Oil 1A
Maracaibo Basin – Marine Type Oil 2-3
Maracaibo Basin - Marine Type Oil 2
Maracaibo Basin – Marine Type Oil 4
Maracaibo Basin - Marine Type Oil 3
Maracaibo Basin – Marine Type Oil 5
Maracaibo Basin - Marine Type Oil 4
Maracaibo Basin – Marine Type Oil 6
Maracaibo Basin - Marine Type Oil 5
Maracaibo Basin – Marine Type Oil 7
Maracaibo Basin - Marine Type Oil 6
Maracaibo Basin – Marine Type Oil 8
Maracaibo Basin - Marine Type Oil 9
Maracaibo Basin – Marine Type Oil 9
Maracaibo Basin - Marine Type Oil 9
Maracaibo Basin – Marine Type Oil 10
Maracaibo Basin - Marine Type Oil 11
Maracaibo Basin – Marine Type Oil 11
Maracaibo Basin - Marine Type Oil 12
Maracaibo Basin – Marine Type Oil 12
Maracaibo Basin - Marine Type Oil 13
Maracaibo Basin – Marine Type Oil 13
Maracaibo Basin - Marine Type Oil 14-15
Maracaibo Basin – Marine Type Oil 14-15
Maracaibo Basin - Marine Type Oil 16-17
Maracaibo Basin – Marine Type Oil 16-17
Maracaibo Basin - Marine Type Oil 18
Maracaibo Basin – Marine Type Oil 18
Maracaibo Basin - Marine Type Oil 19
Maracaibo Basin – Marine Type Oil 19
Maracaibo Basin - Marine Type Oil 20-21
Maracaibo Basin – Marine Type Oil 20-21
Maracaibo Basin - Marine Type Oil 22
Maracaibo Basin – Marine Type Oil 22 – 23
Maracaibo Basin - Marine Type Oil 24-25
Maracaibo Basin – Marine Type Oil 24-25
Maracaibo Basin - Marine Type Oil 26-27
Maracaibo Basin – Marine Type Oil 26-27
Maracaibo Basin - Marine Type Oil 28-29
Maracaibo Basin – Marine Type Oil 28-29
Maracaibo Basin - Marine Type Oil 30-31
Maracaibo Basin – Marine Type Oil 30-31
Maracaibo Basin - Marine Type Oil 32-33
Maracaibo Basin – Marine Type Oil 32-33

”  All-in-1 Consultant,  Available-to-Serve-You.

For grounded, vintage stewardship to successfully find lots of oil, mineral resources, develop your business and get sustained value for money ?

See <Contact & Contract Me> at marcelchinalien@gmail.com “.

 

33. Suriname Deep Sea Mining – Play Maps

Suriname Deep Sea Mining - Play Map 1
Suriname Deep Sea Mining – Play Map 1
  1. https://mar-petroleumexplorationconsultant.com/28-suriname-outer-limits-of-the-continental-shelf/
  2. 28. Suriname – Outer Limits of the Continental Shelf
  3. https://mar-petroleumexplorationconsultant.com/30-suriname-deep-sea-mining/
  4. 30. Suriname Deep Sea Mining

33. Suriname Deep Sea Mining – Play Maps

This blog should be used together with my 2 previous companion blogs referenced above.

1. Chapter Petroleum Exploration, nr. 28. Suriname – Outer Limits of the Continental Shelf.
2. Nr. 30 Suriname Deep Sea Mining.

They are intended to serve as seminal and as wake up calls for ”green” exploration offshore. Taking into account that since 2015 we all live in “green” Paris Accord 2015 times.

(…did’t know that/did not want to realise that/did not want to comply with that/do not wish to include that as social responsibility/do not want to include it in Mission & Vision??).

This means that “dirty” petroleum and coal exploration will disappear. Like it or not. Doomsdays. Petroleum and coal explorationists will form integral part of industrial heritage and history books. Green exploration will take over. Oui, au, certainement.

The Netherlands? From dirty to green.

My most dearest Friolandia, one of my 6-by heritage-and by other reasons-Mother-countries (my exclusive “six-pack”), anno 2018?

Gas country? Largest gas field of the world? Groningen field, originally about 2900 billion cubic meters, in production since 1963, some 900 billion cubic meters left, is almost closing down. Going from gas to electricity, even for heaters in the winter, in all houses, soon, government obligation.

Solar panels arising everywhere on the roofs of houses.

Windmills arising everywhere, onshore, along highways, in the polder, in your backyard. And offshore, 600 megawatt Schiermonnikoog windmills park, replacing “dirty” petroleum production platforms.

Already some 4000 hightech windmills. Much more than the 1170 famous old tech classic cozy green Dutch windmills from the past. That every tourist, even Czar Peter in 1696, visits in Zaanse Schans and Kinderdijk. Already 15 billion kWh electricity generated in 2016 by renewables, sun, wind, and biomass. In EU, 154,00 Megawatt from wind energy with Germany as the champion with one third.

Windmills - Kinderdijk
Windmills – Kinderdijk

(…Germany, by the way, have you already noted they are always, always, always champions. Why? Champion economy in the EU.

World champion soccer by beating Messi, Argentina in Maracana on 13-7-2014 .

Previously beating Cruyff et. al. in 1974, in Germany…though, thanks to the beautiful Schwalbe and resulting penalty of Herr Bernd Hölzenbein.

Have you already seen their new great champion. Hand assembled in Affalterbach, the 6.2-liter M159 V8, 563 hp and 479 pound-feet of torque, in 3.7 seconds from 0-to-100 km? Really exhilarating, I can confirm. Mercedes Benz SLS AMG).

Geothermal Heat Production - The Netherlands - 2016
Geothermal Heat Production – The Netherlands – 2016

Geothermal, hot water exploration and drilling increasing, going everywhere. For heating the green houses, homes etc. etc.

Cars? About half sold are hybrid or electric, in total now 20,000 full electric cars on the road. You do not even hear if there is a car behind you, or if you want to cross the road, no noise at all, so dangerous now…

Etc. etc. etc. Getting greener and greener.

Even the trees are now going from brown to green, in spring.

Following maps represent preliminary Play Maps for deep sea mining in Suriname. Maps to play with. To get green and rich.

Ore deposits are usually located along major faults.

Such as in the area north of the Demerara High.

The northern boundary of Demerara High was determined by the incipient Atlantic mid-oceanic ridge at initial seafloor spreading ?

(..Yeah, bro and sisa, Suriname had the Atlantic Mid Oceanic Ridge at its doorsteps, 100 my. ago. Did you know? You could almost go to visit, for a BBQ with a giant T-Bone steak, with your brand new Toyota Landcruiser, or maybe a Lamborghini SUV, in the weekends. Or healthier, just by walking, similar to trailing the Camino de Santiago or Vía Franciscana pilgrims tracks in 6 weeks time. Already forgot about that dear neighbour, dear sisa ?

The mighty mid oceanic ridge that broke so many hearts, even broke up this part of famous Gondwana continent, mind you…Separating us involuntarily from our sister Sierra Leone. Like Iceland, sitting in front of your door, call it Sranan-Icelandia).

The ridge that left as heritage all his/her most valuable “green” ore deposits ??). Especially made for you.

This ridge evolved into the mid-oceanic ridge of the Atlantic that separated, within others, Africa and South America from Upper Cretaceous time on.

The way further?

Go for it.

It has been waiting there during 100 millions years, mi boi. Explore it, locate it, deep sea mine it, keep on moving, now with green spectacles and a green Vision 2030.

Also to diversify the economy. Not all eggs in just one basket. Make the transformation from dirty to green exploration.

Above all, upgrade to green, rich and healthy.

What about that one.

Faîtes vos jeux, chère madame et monsieur.

”  All-in-1 Consultant,  Available-to-Serve-You.

For grounded, vintage stewardship to successfully find lots of oil, mineral resources, develop your business and get sustained value for money ?

See <Contact & Contract Me> at marcelchinalien@gmail.com “.

Doei, salu2, ciao, até logo, grüssen, cordialement, salut, добрый день, ajoo, tur kos bon mi dushi hendenan na Switi Sranan i mi famiri na switi Korsou, tan bun allamala !

S.A. - Africa Geotectonic Xsection - Late Cret. - Early Tertiary
S.A. – Africa Geotectonic Xsection – Late Cret. – Early Tertiary -Credit Lijun Liu, feb. 20, 2018, Nature Geoscience – Nature. Srananman? Zo zag de Surinaamse  ” Onderwereld ” onder Switi Sranan-2-be er uit, ongeveer 100 – 80 miljoen jaar geleden. Nu in 2018 ziet de Surinaamse Onderwereld er uiteraard heel anders uit (FYI, zie voor verdere info over de hedendaagse situatie s.v.p. Ministerie van Justitie…).
Suriname Deep Sea Mining - Play Map 1
Suriname Deep Sea Mining – Play Map 2 – Note that the northern limit of Demerara Plateau initially was determined by an Oceanic Ridge. At initial seafloor spreading, that evolved into the Mid Oceanic Ridge since UpperCretaceous. Along this ridge, within others, Africa and South America were separated from each other.

 

Suriname Deep Sea Mining - Play Map 1
Suriname Deep Sea Mining – Play Map 1 – Sites where ore deposits can be located are: 1) Fracture zones 2) Transform faults 3) Dextral strike slip faults

 

Suriname Deep Sea Mining - Play Map 3
Suriname Deep Sea Mining – Play Map 3 – North Demerara Transform Zone – Area with abundant fractures prone for formation of ore deposits, since Upper Cretaceous.

Video: 240 million Years Ago to 250 million Years in the Future. Going backwards and forwards in time. Note the changing position of Suriname through geologic time. Especially from 100 millions years ago to present time. And its position close to the Mid-Atlantic ridge in the period 110-80 million years ago, relevant for  rifting, fracturing and possible formation of ore deposits on the oceanic seafloor. Now waiting to be explored, unveiled and monetised, offshore Suriname.

 

32. Undiscovered petroleum resources Central-South America

Central-South America - Undiscovered Petroleum Resources
Central-South America – Undiscovered Petroleum Resources

Explorer? 

Undiscovered petroleum resources Central-South America – USGS, 2001

Mainly 2-be-Stranded:

According to the will of Homo Sapiens. Represented by 176 wise countries, Paris Accord, 12/12/2015. Toasting with Dom Perignon in Cristal d’Arque champagne flutes. Solemnly swearing, even with a WhatsApp to dear Mother Earth. Informing that Mighty Homo Sapiens is now definitely in the drivers seat, in full control. Like it or not. Approve it or not. Believe it or not. Take it or leave it. Deadline, 1.5 degrees C increase. No more !

Following Mother’s Earth proven 4.54 billion years history of reckless and uncontrollable spastic bad habits. Since ever: Orogenisis, continental constructions-destructions, dinosaur-mammoth mass destruction activities, CO2 expelling volcanoes, heavily leaking methane hydrates, unwise rock&rolling on the sweet rhytm of Milankovitch cycles, consequently continual climate changes that have destroyed our oh so cool ice ages with lovely mammoths. Sealevel changes flooding countries. Even obliging half of the astute Dutch to live below sealevel with dikes. And with wet feet…).

Amen.

Please note that the Guyana basin data are now outdated. P95 number has been doubled @ 2018. And is moving seriously towards F50 number.

S.A. - Geologic Provinces & Petroleum Basins - USGS
S.A. – Geologic Provinces & Petroleum Basins – USGS

”  All-in-1 Consultant,  Available-to-Serve-You.

For grounded, vintage stewardship to successfully find lots of oil, mineral resources, develop your business and get sustained value for money ?

See <Contact & Contract Me> at marcelchinalien@gmail.com “.

Doei, salu2, ciao, até logo, grüssen, cordialement, salut, добрый день, ajoo, tur kos bon mi dushi hendenan na Switi Sranan i mi famiri na switi Korsou, tan bun allamala !

 

31. Gazprom Profit 2017

31. Gazprom Profit 2017

Explorer? www.mar-petroleumexplorationconsultant.com
Марсел Чин-А-Лин – нефтяной геолог

Gazprom, Газпром has lost a quarter.

In 2017, Газпром’ net profit declined by 25% (!) to 714 billion, the firm said today in the report in accordance with IFRS.
Revenue from gas sales increased by 7% to 6.5 trillion rubles.
Net debt by 24% to RB 2.4 trillion.

Net profit of ” Gazprom”, the benchmark for dividend payment.
In mid-April the management Board recommended a dividend at the level of 2016 and 8.04 roubles per share.
I.e. payments can be sent to 190 billion rubles.

It turns out Gazprom can return to shareholders almost 27% in net profit.

Re.: Ведомости, 27 Апреля 2018, by Галина Старинская –
Original text in the beautiful Russian language of Фёлор Михайлович Достоевский and Маяковский.

”  All-in-1 Consultant,  Available-to-Serve-You.

For grounded, vintage stewardship to successfully find lots of oil, mineral resources, develop your business and get sustained value for money ?

See <Contact & Contract Me> at marcelchinalien@gmail.com “.

Doei, salu2, ciao, até logo, grüssen, cordialement, salut, добрый день, ajoo, tur kos bon mi dushi hendenan na Switi Sranan i mi famiri na switi Korsou, tan bun allamala !

Gazprom 2017
Gazprom 2017
Gazprom 2017
Gazprom 2017