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BP Amoco confirms major gas find offshore Trinidad Discovery company’s third major offshore Trinidad find in past three years, first in country’s deep water Petroleum News Alaska
BP Amoco said May 10 that it has discovered some 2 trillion cubic feet of natural gas off the southeast coast of Trinidad, the country’s first deep water find, its third major gas find offshore Trinidad in the past three years.
The discovery was made by the Manakin 1 exploration well in block 5b, 135 miles east of Galeota Point in 730 feet water depth on a large structure that straddles the Trinidad-Venezuela median line. The well encountered new gas reservoirs in addition to confirming shallow gas discovered in Venezuelan waters by Lagoven in their Coquina 1 exploration well drilled in 1983.
Larry Tiezzi, president of the BP Amoco Trinidad Exploration Business Unit said: “This new find reinforces the industry’s assessment of significant gas potential in this basin and it augurs well for future development from which Trinidad and Tobago will benefit enormously.
Trinidad and Tobago is a world class hydrocarbon province and this well result adds another discovery to a long list of successes underpinning our strategy to focus significant resources in this region. Tiezzi also said that BP Amoco Trinidad has “recently agreed a two-train LNG expansion in Trinidad which will treble production to 9 million tonnes a year by 2003, at TT$7,000 million the largest single investment in the Caribbean.”
Four-well program planned this year BP Amoco said Manakin was the second of a four-well program in 2000. Drilling operations, by the Ocean America semi-submersible drilling rig, began Jan. 28. The well was drilled to a depth of 11,680 feet and encountered seven hydrocarbon-bearing zones with a net pay thickness of 300 feet.
A drill stem test conducted in one pay sand flowed a maximum of 25 million cubic feet a day. The well was temporarily plugged and abandoned April 5. It was the last of three commitment wells drilled in block 5b.
Amoco Trinidad Gas B.V. is a wholly owned subsidiary of BP Amoco p.l.c. and the operator of license 5b with 70 percent equity. License partner Repsol Exploration Tobago S.A. has the remaining 30 percent and is a wholly owned subsidiary of Repsol YPF.
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