BP Trinidad & Tobago (BPTT) discovered natural gas with its 100%-operated Ginger exploration well offshore Trinidad, the company said in a news release Nov. 15.
Plans are for the well, which was drilled into two untested fault blocks east of the Cashima Field, to be completed by the end of November, the company said.
“The well was drilled using a jackup rig and has penetrated hydrocarbon-bearing reservoirs in 15 segments,” BP said, calling initial results promising.
“We are continuing to see the benefits of the significant investment we have made in seismic processing and ocean bottom seismic acquisition,” Claire Fitzpatrick, regional president for BPTT, said in the release. “The Columbus Basin is a maturing province, and the Ginger discovery demonstrates that with the right technology we can continue to uncover further resource potential in the basin.”
U.S. oil companies are expected to reduce oil output temporarily by nearly 2 million barrels per day (MMbbl/d) as lower crude prices force companies to cut back operations, the U.S. Energy Department said on April 7.
Shipments are the first from the US since March 2019.
Major U.S. oil companies and industry groups are opposed to mandated cuts, which would be an extraordinary step in the United States.