Touchstone Announces Results from Ortoire Block Exploration Well in Trinidad
Drilling Activity Details
Trinidad & Tobago
Drilling Activity Summary
Description
Touchstone Exploration completed an exploration well at #1-Cascadura Deep in the Ortoire Block, onshore Trinidad. The well was drilled to a total depth of 8,303 ft, and drilling operations were suspended due to high pressure gas zones encountered. The venture hit a total sand thickness of 2,100 ft in multiple, stacked thrust sheets in the Herrera section. According to the company, wireline logs indicated gas pay totaling approximately 1,315 net ft in four unique thrust sheets from a depth of 5,455 ft to total depth. In addition, an aggregate 1,007 net ft of gas pay was identified in the overthrust sheets, an increase of approximately 20% compared to the #1ST1-Cascadura discovery, and additional gas pay of approximately 308 net ft was encountered in two previously untested Herrera thrust sheets below the sands observed in #1ST1-Cascadura. The #1-Cascadura Deep is the fourth of the amended five-well exploration commitment under Touchstone's Ortoire license. Calgary, Alberta-based operator Touchstone holds an 80% working interest, and partner Heritage Petroleum Company Ltd. holds a 20% working interest.
Touchstone Exploration completed an exploration well at #1-Cascadura Deep in the Ortoire Block, onshore Trinidad. The well was drilled to a total depth of 8,303 ft, and drilling operations were suspended due to high pressure gas zones encountered. The venture hit a total sand thickness of 2,100 ft in multiple, stacked thrust sheets in the Herrera section. According to the company, wireline logs indicated gas pay totaling approximately 1,315 net ft in four unique thrust sheets from a depth of 5,455 ft to total depth. In addition, an aggregate 1,007 net ft of gas pay was identified in the overthrust sheets, an increase of approximately 20% compared to the #1ST1-Cascadura discovery, and additional gas pay of approximately 308 net ft was encountered in two previously untested Herrera thrust sheets below the sands observed in #1ST1-Cascadura. The #1-Cascadura Deep is the fourth of the amended five-well exploration commitment under Touchstone's Ortoire license. Calgary, Alberta-based operator Touchstone holds an 80% working interest, and partner Heritage Petroleum Company Ltd. holds a 20% working interest.