Perenco has introduced a profitable drilling operation for its Onyx effectively, encountering vital columns of pure fuel in two separate geological compartments. The Onyx area is an undeveloped fuel discovery positioned inside the TSP license, offshore Trinidad.
TSP is a three way partnership between Perenco T&T Restricted, the Operator, Heritage Petroleum Firm Restricted and The Nationwide Fuel Firm of Trinidad and Tobago Restricted.
The subsurface data is at the moment beneath assessment and improvement choices can be evaluated to maneuver the invention in direction of closing funding determination (FID).
“I’m very pleased with the profitable outcomes of the Onyx wells. Our goal was to show adequate fuel reserves to unlock area improvement,” mentioned Perenco T&T’s Basic Supervisor Gregoire de Courcelles. “The wells’ findings are testimony to the hydrocarbon potential which stays within the TSP acreage and highlights Perenco’s dedication to supply future provides of pure fuel to Trinidad and Tobago. I wish to thank our companions Heritage Petroleum and NGC for his or her unwavering help on this challenge and congratulate all groups concerned in finishing this operation safely and effectively.”
This drilling success is a serious milestone in Perenco’s imaginative and prescient for Trinidad and Tobago because it will increase its footprint within the nation and turns into a serious fuel provider to the native market.
