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    BP, Repsol Strike Gas off Trinidad

Summary

The pair's joint venture accounts for over half of the country's gas production.

by: Joseph Murphy

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Natural Gas & LNG News, Americas, Premium, Corporate, Exploration & Production, Investments, News By Country, Trinidad and Tobago

BP, Repsol Strike Gas off Trinidad

BP Trinidad & Tobago (BPTT) announced on November 15 that it had made a gas discovery at its Ginger well off the coast of Trinidad.

The company, a 70:30 joint venture between BP and Spain’s Repsol, drilled the Ginger well into two untested fault blocks east of the Cashima gas field in waters less than 300 ft deep. Evaluation work will continue after the well is completed, expected by the end of the month, but BPTT said the initial results were “promising.”

BPTT operates 15 offshore platforms off Trinidad’s east coast, accounting for more than half the country’s gas production. Some of this gas is supplied domestically and some of it is exported via the Atlantic LNG terminal. BPTT made its last discoveries in the area in 2017, when its Savannah and Macadamia wells struck 2 trillion ft3 of gas.

“We are continuing to see the benefits of the significant investment we have made in seismic processing and ocean bottom seismic acquisition,” Claire Fitzpatrick, BPTT’s regional president, said in a statement. “The Columbus basin is a maturing province and the Ginger discovery demonstrates that with the right technology we can continue to uncover further resource potential in the basin.”