Seis­mic ac­qui­si­tion for the Man­akin-Cocuina field has been com­plet­ed, with the da­ta col­lect­ed now in the pro­cess­ing stage.

This was re­vealed yes­ter­day by bpTT ex­ec­u­tives dur­ing a meet­ing on ar­eas of op­er­a­tions with act­ing Prime Min­is­ter and En­er­gy Min­is­ter, Stu­art Young, and a team from the Min­istry of En­er­gy.

BpTT pres­i­dent David Camp­bell al­so pro­vid­ed an up­date on bpTT’s joint ven­ture, deep-wa­ter projects, and the di­vest­ment of its ma­ture as­sets to Peren­co.  

In a state­ment, the En­er­gy Min­istry said drilling at the Cypre de­vel­op­ment con­tin­ues, and fur­ther de­vel­op­ment drilling op­por­tu­ni­ties are be­ing eval­u­at­ed.  

This, the re­lease said, is in keep­ing with Min­is­ter Young’s call to get every mol­e­cule of oil and gas from the ground and bpTT’s com­mit­ment to ac­cel­er­ate gas pro­duc­tion.

With re­new­able en­er­gy al­so in bpTT’s lo­cal en­er­gy port­fo­lio, the ex­ec­u­tive team re­port­ed that the 92.2 megawatts (MW) so­lar project ‘Project Lara’ con­tin­ues apace and is ex­pect­ed to be on­line by 2025.  

At the meet­ing, Min­is­ter Young al­so em­pha­sised that stake­hold­er re­la­tion­ships are cru­cial in en­er­gy pro­duc­tion and that a more re­silient and re­spon­si­ble en­er­gy sec­tor is fos­tered through con­sis­tent­ly meet­ing and col­lab­o­rat­ing with en­er­gy sec­tor stake­hold­ers such as bpTT.

In Ju­ly, bp, to­geth­er with its part­ner the Na­tion­al Gas Com­pa­ny of Trinidad and To­ba­go (NGC), was award­ed an ex­plo­ration and pro­duc­tion li­cense by the Bo­li­var­i­an Re­pub­lic of Venezuela for the de­vel­op­ment of the Cocuina gas dis­cov­ery.  

Cocuina is part of the cross-bor­der Man­akin-Cocuina gas field.

Bp al­ready holds a work­ing in­ter­est in and op­er­a­tor­ship of the Man­akin field, which sits on the Trinidad side of the mar­itime bor­der.  

The oil and gas com­pa­ny said hold­ing li­cences and op­er­a­tor­ship for both the Man­akin and Cocuina gas fields sim­pli­fies the joint de­vel­op­ment plan and will en­able it to fo­cus on ef­fi­cient­ly de­vel­op­ing gas re­sources from the uni­tised field, ty­ing back to ex­ist­ing gas in­fra­struc­ture in Trinidad.