BHP Petroleum Announces Successful Well in Trinidad
14 May 1999
Ref: rp936/99:hs
The Broken Hill Proprietary Company Limited (BHP) today announced that it has made a natural gas discovery with the first exploration well in its Block 2(c) Production Sharing Contract area, offshore Trinidad.
The Angostura-1 exploration well is located 40 kilometres off Trinidad's north eastern coast in approximately 40 metres of water. The well commenced drilling on March 24, 1999 and encountered natural gas. A cased hole test was conducted and the well flowed natural gas at a stabilised rate of 30 million standard cubic feet per day on a 56/64 inch choke. Forward plans for Block 2(c) will be determined after information obtained from the well is evaluated.
BHP Petroleum is the operator and holds a 45% working interest in Block 2(c). Elf Petroleum Trinidad B.V. (30%) and Talisman (Trinidad) Ltd. (25%) are the other participants.
BHP will drill a second exploration well in adjacent Block 2(ab) which is held by BHP Petroleum (operator, 50%) and Talisman (Trinidad) Holdings Ltd. (50%). Operations on the Kitchener-1 well will commence immediately after the drilling rig moves off of the Angostura location.
Contact
Dr Robert Porter
Group Manager External Affairs
BHP Petroleum - Melbourne
Phone: +61 3 9652 6850
Mobile: +61 419 587 456