Trinidad set to receive gas boost this quarter

Touchstone Exploration’s Coho asset in Trinidad and Tobago is expected to begin natural gas production as early as August.

The energy ministry provided the update following a visit by minister Stuart Young and staff to the field at the company’s Ortoire onshore block.

Production is forecast at 10Mf3/d and will supply the National Gas Company (NGC) of Trinidad and Tobago.

In December, Touchstone announced that it executed a long-term gas sales agreement with NGC for all future gas output from Ortoire.

State-owned Heritage Petroleum holds a 20% stake in the acreage, with gross proved, probable and possible reserves for Coho estimated at 1.148Mboe, 2.27Mboe and 1.81Mboe, respectively.

Young recently said that local gas production was projected to return to pre-pandemic levels by the end of 2022.

APPRAISAL WELL

Meanwhile, Challenger Energy reported that logging of the Saffron-2 onshore appraisal well has been completed. 

“Approximately 1,400ft of reservoir sands have been intersected across the Upper, Middle and Lower Cruse formations. Based upon assessed net to gross measurements (NTG) this yields over 300ft of net oil-bearing reservoir sands (net pay),” Challenger said in an update. 

Production testing is scheduled to begin next week with output from Saffron-2 expected at 200-300b/d of oil.

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