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    Offshore Gas Field Nod From The US To Trinidad And Tobago

    Uganda Begins First Oil Drilling Project Under $10bn Scheme

    Dutch government invites Shell, Exxon to join $2.6B subsea carbon storage plan

    TechnipFMC awarded $250 million subsea service contract offshore Brazil

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    PETRONAS awards three production sharing contracts offshore Malaysia

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    Eni Ghana launches Business and Market Fair in Sanzule, Western Region

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    Norway Plans To Offer Record 92 Oil & Gas Exploration Units

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    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    ABB wins $79m order for Bab onshore project in Abu Dhabi

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    BHP successful in bids for blocks in the offshore Orphan Basin in Eastern Canada

    Operational excellence and safety continue to be a key driver in oil and gas sector

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    bp looks to further developments at Tangguh with PSC extension

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Touchstone Exploration discovers oil and gas deposit onshore Trinidad

venkat by venkat
February 21, 2020
in Downstream, Press Releases
0
Touchstone Exploration discovers oil and gas deposit onshore Trinidad

Canada-based Touchstone Exploration has announced results from the first tests on a liquids-rich gas deposit in Trinidad and Tobago. Tests on the Cascadura-1ST1 well gave an average flow of 5,180 barrels of oil equivalent per day (boe/d).

During the 14-hour extended flow test period, production peaked at 5,736 boe/d. This includes 30.2 million cubic feet of natural gas per day and 710 barrels of natural gas liquids per day.

The company examined the deepest 162ft of the 777ft deposit, part of the Ortoire exploration block on the island of Trinidad. It has an 80% working interest in the block, while Heritage Petroleum has 20%.

Initial testing was suspended because of high pressures and natural gas volumes. Current tests show no hydrogen sulphide in the deposit, with little water.

The test well will be shut-in for two weeks for a pressure build-up survey. During this time, the company will test the upper area of the deposit. Touchstone’s president and CEO Paul Baay said in a statement: “[These] test results are only attributable to the lowermost portion of the well, and with 450ft of contiguous sand to be tested, the full potential of the structure is yet to be defined.”

“To put these results in context, our average daily oil production for the three months ended September 30 2019, was 1,729 bbls/d.” The company previously drilled the Coho-1 test well in the same block.

Baay added: “[…] Given these results, the company will focus on multiple tie-in scenarios in order to maximize economic value. “The Ortoire exploration block continues to consistently and dramatically outperform expectations and presents an exciting new opportunity for both Touchstone and the onshore oil and gas industry in Trinidad.”

COO James Shipka said: “These discoveries provide further confidence as we move forward with two further exploration wells at our Chinook and Royston prospects which are targeting separate structures along the same geological trend.”

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