Project Profile
Location: 27 km from the Pointe-a-Pierre refinery and is only 20 km from the main highway between Port of Spain and San Fernando, Trinidad and Tobago
Production: 25 barrels of oil per day
Area: 7,502 acres
Start-up Year: -
The Tabaquite Block is the most northerly onshore producing block, which contains a number of existing known producing oil and gas fields which LGO plans to reactivate and expand through new drilling. The Tabaquite Block covers 7,502 acres and contains four known oil and gas fields (Piparo Field, Old Field, New Field and Gas Field). The Block is located 27 kilometres from the Pointe-a-Pierre refinery and is only 20 kilometres from the main highway between Port of Spain and San Fernando. The known fields have had approximately 300 original wells drilled. Existing production has averaged approximately 25 bopd year to date from a small number of active wells. Production is largely derived from the Nariva Formation Sandstone at depths between 1,000 and 2,500 feet. There is an existing Certificate of Environmental Compliance granted in 2007 for the drilling of 3 exploration wells and 17 infill or replacement wells. Oil quality ranges from 35 to 45 degree API. LGO has identified approximately 30 well reactivation targets and there is considerable infill drilling potential within the Block.
Operators:
Columbus Energy Resources PLC (formerly known as LGO ENERGY): Operator with 100% interest