PORT OF SPAIN, DEC. 20 -- BP Trinidad and Tobago LLC (BPTT) reported that a gas discovery 50 miles off the east coast of Trinidad cut 1,400 ft of pay in four main reservoirs.
Testing is under way of the Chachalaca well, drilled by the Global Santa Fe Constellation 1 jack up to 15,632 ft subsea in 330 ft of water. The Columbus basin well is in the East Mayaro license area, 7 miles southeast of BP's 2.1-tcf Mahogany gas and condensate field. Mahogany produces 20,000 b/d of condensate.
Robert Riley, chairman and CEO of BPTT, called it "a world-class discovery."
BPTT is owned by a holding company in which BP PLC has a 70% interest and Repsol YPF has 30%.