Fossil Energy – Trinidad
Trinity Exploration & Production says that it has appointed Petrofac to undertake a concept-screening study for the development of further reserves in its Galeota Block, offshore East Coast Trinidad.
The Galeota Block contains resources of 46.1 million barrels of oil equivalent, and is the company’s largest asset.
The study expected to conclude in September will take a fresh look at development concepts for the block, using the latest subsurface information and marrying that with Petrofac’s low-cost marginal field track record to develop a concept that can be taken forward into conceptual engineering, front end engineering and project sanction, Trinity said.
Chief Executive Officer Jeremy Bridglalsingh says: “While our immediate operational focus is on drilling the onshore Jacobin well, we continue to assess plans to unlock the development potential of our Galeota Block which comprises 69% of our 2P+2C Reserves and Resources. We look forward to working with Petrofac to progress the Concept-Screening study.”
