Project Profile
Location: swallow waters of Gulf of Paria, offshore west coast of Trinidad
Reserves (gross 2C resources): 268 Bcf (215 Bcf net)
Expected plateau production: 80 mmcf/d (64 mmcf/d or 10,700 boepd net)
Depth: 20-35 metres
Start-up Year: 2017-2018
The Assets contain four gas discoveries with aggregate gross 2C resources of 268 Bcf (215 Bcf net). The gas is fully appraised but currently undeveloped. The assets are located 25km from Trinity-operated Brighton Marine infrastructure and close to downstream market which includes seven methanol plants, eleven ammonia plants, one steel plant, four power generation plants and Atlantic LNG, the sixth largest LNG plant globally. This will be a fast track, low cost greenfield development with an expected plateau production rate of 80 mmcf/d (64 mmcf/d or 10,700 boepd net).
The produced gas will be transported via a subsea pipeline to a Gas Processing Facility in the Pt. Lisas Industrial Estate.
Operators:
De Novo Energy: Operator with 80% interest (bought from Centrica in April 2016)
Petrotrin: 20% interest