Petrofac taking ‘fresh look’ at development plans off Trinidad to help unlock block’s potential

UK-headquartered oil and gas exploration and production company Trinity Exploration & Production plc has hired Petrofac to undertake a concept-screening study for the development of further reserves at its block offshore East Coast Trinidad.

This study will take “a fresh look” at development concepts for the Galeota Block, using the latest subsurface information and combining it with Petrofac’s low-cost marginal field track record to develop a concept that can be taken forward into conceptual engineering, front end engineering and project sanction.

Following a competitive tender process, Trinity commissioned Petrofac to undertake the study to advance development planning in a bid to develop multiple reservoirs and to do so in a capital-efficient manner. This study at Galeota Block, containing estimated 2P+2C reserves and resources of 46.1 million barrels of oil equivalent, has already started and is expected to conclude in September.

Jeremy Bridglalsingh, Chief Executive Officer of Trinity, commented: “While our immediate operational focus is on drilling the onshore Jacobin well, we continue to assess plans to unlock the development potential of our Galeota Block which comprises 69 per cent of our 2P+2C reserves and resources. We look forward to working with Petrofac to progress the concept-screening study.”

Back in 2013, the drilling of the TGAL-1 exploration well led to the discovery of the TGAL area the Galeota Block, in close proximity to the existing productive Trintes field. In line with this, the company underlines that key elements will comprise flexibility to deal with reservoir uncertainty and use equipment that could be potentially relocated around the large Galeota Block.

In addition, leased MOPU concepts such as converted jack-ups or FPSOs will be considered along with other suitable schemes. Having paused the Galeota farm-out process in May 2022, Trinity set in motion an in-depth review of the opportunities across the block, including the existing Trintes-producing field.

This has been done to formulate a revised development plan that offers capital efficiency and shorter development and payback timelines. Currently, the production in the Galeota Block is generated from the Alpha, Bravo and Delta platforms in the Trintes field.