Results Announced From Ortoire Block Production Test in Trinidad
Drilling Activity Details
Trinidad & Tobago
Drilling Activity Summary
Description
Touchstone Exploration announced production test results from #1-ST1 Cascadura on the Ortoire exploration block. The testing was performed in two stages—the first stage included the lower-most 162 ft of pay in Herrera, and the second stage included 345 ft of pay in the upper part of the same horizon. The first stage flow test indicated an initial production range between 7.75-9.7 Mbbl of oil equivalent per day (approximately 40-50 MMcf of gas per day and an estimated 1.1-1.4 Mbbl per day of gas liquids). The second stage had a peak flow-back rate of 5.76 MMboe per day including 29.4 MMcf of gas and 865 bbl per day of NGL. Wireline logs and drilling samples indicated approximately 1,037 ft of prospective hydrocarbon pay in the Cruse and Herrera formations at depths between 1,030 and 6,350 ft. Calgary, Alberta-based operator Touchstone holds an 80% working interest, and partner Heritage Petroleum Company Ltd. holds a 20% working interest.
Touchstone Exploration announced production test results from #1-ST1 Cascadura on the Ortoire exploration block. The testing was performed in two stages—the first stage included the lower-most 162 ft of pay in Herrera, and the second stage included 345 ft of pay in the upper part of the same horizon. The first stage flow test indicated an initial production range between 7.75-9.7 Mbbl of oil equivalent per day (approximately 40-50 MMcf of gas per day and an estimated 1.1-1.4 Mbbl per day of gas liquids). The second stage had a peak flow-back rate of 5.76 MMboe per day including 29.4 MMcf of gas and 865 bbl per day of NGL. Wireline logs and drilling samples indicated approximately 1,037 ft of prospective hydrocarbon pay in the Cruse and Herrera formations at depths between 1,030 and 6,350 ft. Calgary, Alberta-based operator Touchstone holds an 80% working interest, and partner Heritage Petroleum Company Ltd. holds a 20% working interest.