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Basin Potential

The United States Geological Survey (USGS) ranks the Guyana Suriname Basin 2nd in the world for prospectivity among the world’s unexplored basins and 12th for oil among all the world’s basins – explored and unexplored.  The mean (P50) undiscovered resource potential is estimated at 15.2 billion bbls.

  • 117 fields >1 million bbls of recoverable oil
  • 24 fields with >100 million bbls of recoverable oil (elephants)
  • 6 fields have >500 million bbls of recoverable oil (giants)
  • 83% of the resource in offshore Lower Tertiary to Cretaceous turbidite fans—the #1 play type in circum-Atlantic basins such as offshore Brazil and West Africa
  • Ranks 27th for gas in the world with undiscovered resource potential of 42 trillion cubic ft in 30 fields
  • Ranks 15th in the world for undiscovered oil and gas potential

Mean Undiscovered Oil
Rank Country bbls
Source: USGS World Petroleum Assessment 2000
1 Saudi Arabia 87.1
2 USA 83.0
3 Russia 77.4
4 Iran 53.1
5 Greenland 47.1
6 Brazil 46.7
7 Iraq 45.1
8 Nigeria 37.6
9 Kazakhstan 21.1
10 Mexico 20.6
11 Venezuela 19.7
12 Guyana-Suriname 15.2
13 Angola 14.5
22 UK 6.3
35 Canada 2.8

News

May 20, 2015

CGX Energy Responds to Recent Market Act...

May 07, 2015

CGX Energy Responds to Media Reports rel...

Presentations

May 21, 2015

Corporate Presentation - May 2015

Mar 13, 2015

Corporate Presentation - March 2015

CGX at a Glance