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Petro-Canada says starting Trinidad oil and gas drilling in July




Platts
Houston
Petroleumworld.com 06 14 07

Calgary-based Petro-Canada is gearing up for gas and oil drilling in
three offshore blocks in Trinidad and Tobago over the next several months, a
company spokeswoman said Tuesday.

The company plans to drill four wells targeting natural gas in block 22,
north of the island of Tobago, Rosemary Drummond said. Petro-Canada has
contracted the Diamond Ocean Worker for drilling work between July 1 and
December 31.

The company will also drill one well in Block 1b and three wells in Block
1a off Trinidad's west coast in the Gulf of Paria. Petro-Canada has
contracted the Rowan Gorilla III for hire sometime between July 1 and December
31 for a six-month program targeting gas and oil, she said. Trinidad's
state-owned oil company Petrotrin is partnered with Petro-Canada in the two
blocks.

Drummond was unable to provide costs for the program.

All the blocks were awarded in a 2003 licensing round and are
Petro-Canada's first operated assets in the twin-island state.

Petro-Canada also has a 17.3% working interest in a natural gas project
in Trinidad covering the North Coast Marine Area (NCMA-1) operated by British
Gas. A subsea pipeline runs about 110 kilometers from the Hibiscus platform to
the Atlantic LNG facility at Point Fortin.

--Laura Brooks, newsdesk@platts.com

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Platts 13 06 07

Copyright© 2007 Platts. All Rights Reserved.

 

 

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