CANADIAN Superior has notched up what it says is a significant gas discovery offshore Trinidad & Tobago with the drilling and production testing of its Bounty exploration well.
Bounty was drilled to a total depth of some 5,290m (17,360ft) and encountered gas-bearing horizons, with the main targeted zone in the well encountering some 61m (200ft) of pay. Initial test results indicate the Bounty well is capable of producing at a rate of about 200million cu ft per day.
Results to date, coupled with interpretations of extensive 3D seismic data and other data, indicate a natural gas resource potential of up to 2.6TCF.
The Bounty discovery is the second gas find that Canadian Superior and its partners have made in 2008 on the Intrepid block 5(c), located some 100km off the east coast of Trinidad.
Preparations are now under way to demobilise the testing equipment and move the Kan Tan IV rig to a third exploration well location on block 5(c), the Endeavour well, which should have spudded by the time this appears in print.