Though the Guyana-Suriname Basin has risen to the top of the oil exploration watch list, with the Exxon Mobil Corp.-led consortium and the Total SA-Apache Corp. duo set to drill two of the most-watched wells this year, the prolific basin is not without risks, analysts say.

Participants surveyed during a Westwood Global Energy Group webinar Jan. 20 placed Exxon’s Bulletwood prospect offshore Guyana above others as the well most likely to lead to a commercial discovery this year. It was followed closely by the Total-operated Bonboni prospect offshore Suriname.

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