Trinity Exploration & Production spud the El Dorado exploration prospect today. The well is located off the west coast of Trinidad in the PGB license in 60 ft of water, about 2km from Trinity-operated production infrastructure.
Trinity is operating the well and holds a 70% working interest in the prospect.
The El Dorado well is testing an undrilled fault block on the west flank of the Trinity-operated producing Brighton field.
The WSL-152 mat-supported jackup rig, owned and managed by Well Services Petroleum Co. Ltd., will drill a vertical well to a total depth of 6,138ft to test five stacked sand packages.
Management estimates the El Dorado well is targeting gross unrisked P50 prospective resources of 13mmbbl with a chance of success estimated at 51%. The well is expected to take about 35 days to drill.
Trinity CEO Monty Pemberton, commented: “Trinity is pleased to announce that drilling has started at its El Dorado prospect. Together with our TGAL-1 exploration well on the east coast, the Company is currently drilling two independent exploration wells. These two prospects offer the potential for significant reserve growth and future near-term production.
Trinity is the largest independent E&P company focused on Trinidad and Tobago. The company operates 11 licenses onshore and offshore on both the west and east coasts.
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