bpTT has an­nounced the re­turn of the Joe Dou­glas Jack Up rig which is sched­uled to ar­rive in Trinidad in Sep­tem­ber 2022.

De­tails fol­low in this press re­lease from bpTT

bpTT an­nounced to­day the re­turn of the Joe Dou­glas Jack Up rig which will ar­rive in Trinidad in Sep­tem­ber 2022 and be­gin drilling op­er­a­tions in the fourth quar­ter. The first phase of the drilling pro­gramme will in­volve de­vel­op­ment drilling of small pools; three wells in the Man­go field and one well in the Savonette field. If this drilling phase is suc­cess­ful these gas re­source swill be processed through the ex­ist­ing Man­go and Savonette pro­duc­tion plat­forms and could add pro­duc­tion in ear­ly 2023. The sec­ond phase of the drilling pro­gram in­cludes the po­ten­tial for three ad­di­tion­al wells in the An­gelin field and this phase is cur­rent­ly pro­gress­ing through the sanc­tion process. Fol­low­ing the drilling pro­gramme of the small pool op­por­tu­ni­ties, bpTT is al­so pro­gress­ing work on an ex­plo­ration cam­paign and is cur­rent­ly eval­u­at­ing the ex­plo­ration tar­gets in the Colum­bus Basin and mov­ing to­wards po­ten­tial­ly adding these op­por­tu­ni­ties to the rig pro­gramme by ear­ly 2023.

“We are very ex­cit­ed to have the Joe Dou­glas rig back and we have been work­ing hard on iden­ti­fy­ing and con­tin­u­ing to de­vel­op small pools with­in our acreage. Small­er pools of re­sources are more chal­leng­ing to ac­cess but tar­get­ing re­sources clos­er to our ex­ist­ing in­fra­struc­ture al­lows us to de­vel­op those re­sources more eco­nom­i­cal­ly and bring them in­to pro­duc­tion im­me­di­ate­ly. At a time when the world needs more gas, we are pleased that we are ready to be­gin the first phase of this drilling cam­paign in the fourth quar­ter and look for­ward to sub­se­quent phas­es as we con­tin­ue to ef­fi­cient­ly ac­cess vi­able gas re­sources and where pos­si­ble bring them to mar­ket in the short­est pos­si­ble time.” Claire Fitz­patrick.

Once the first phase of the drilling pro­gram is suc­cess­ful, iden­ti­fied gas re­sources will be put on­to pro­duc­tion by the first half of 2023 and will go to­wards ful­fill­ing bpTT’s ex­ist­ing gas sup­ply con­tract oblig­a­tions with the NGC and At­lantic.