peter.christopher@guardian.co.tt
Faced with a major fall in natural gas production BP Trinidad and Tobago (BPTT) yesterday announced the arrival of its Joe Douglas Drill Rig which it hopes will help turn its fortunes around and lead to higher production.
According to figures from the Ministry of Energy and Energy industries, in the last two years BPTT’s daily production has declined by almost half, averaging now just over one billion standard cubic feet per day (bcf/d), when compared to 2019 when the figure was closer to 2 bcf/d.
In a media release the company said it was looking forward to its infill drilling programme which will include both exploration and development drilling in its Columbus Basin acreage.
The release stated the rig will be proceeding to the company’s Mango Field which is approximately 48 kilometres off the Galeota Point off the coast of Guayaguayare.
The Mango field was a significant discovery for BPTT, with estimated recoverable reserves of over 2 trillion cubic feet of natural gas. It played a crucial role in supplying gas to Atlantic LNG and BPTT is hoping it could get more out of its asset.
The company said it will commence a drilling programme in early October upon the rig’s arrival there.
This drilling programme, BPTT said is key for BPTT to continue to find and develop small pools of resources within the Columbus Basin.
Claire Fitzpatrick, outgoing regional president, BPTT said, “We are excited to welcome back the Joe Douglas drilling rig to BPTT. This rig signals the resumption of our small pools (infill) drilling programme. This drilling programme is aimed at getting after smaller pools of resources in the Columbus Basin. These smaller pools are close to our existing infrastructure which means we can bring gas online quickly—this will help deliver the secure, affordable and lower carbon energy that the world needs.”
The first phase of the drilling programme will involve development drilling of three wells in the Mango field and one well in the Savonette field. The company said if this drilling phase is successful, these gas resources will be processed through the existing Mango and Savonette production platforms and it could add production in late 2022/early 2023.
The second phase of the drilling program will include the potential for three additional wells in the Angelin field and this phase is currently progressing through the sanction process.