LGO Energy said test results from the Goudron field in Trinidad have shown an oil flow of more than 200bopd (barrels of oil per day). Well GY-674 was the first to be tested by the company this year and shows a natural rate of 240bopd, with an estimated 500bopd with an open-hole flow rate. The company said tests on GY-672 and 673 were also continuing.
LGO has made further progress on its Cedros Peninsula interests in Trinidad after striking a further deal with Beach Oilfield Limited. The company had previously agreed to acquire all of BOLT’s interests in oil and gas leases, with rights to deep targets below 7,000 feet. LGO said its title to 100% owned Cedros leases have now been accepted by the Ministry of Energy and Energy Affairs.
Leni Gas & Oil (LGO has confirmed the spudding of the 12 well in its Goudron field development. The company acquired the prospect on the south-eastern edge of Trinidad in 2011 and has so far drilled 12 out of 30 planned wells.
LGO has spudded its first well of the year at its Goudron field in Trinidad. The company said drilling operations have now begun on well GY-672. In February, approval for construction of drillpads was grated, in what is now the second venture in the field.
LGO Energy has completed perforation of the GY-669 well at the Goudron field in Trinidad. The well is not flowing at a stabilised, but highly restricted rate, of 365 barrels of oil per day (bopd). The company said over the last 48 hours the well has flowed at an average rate of 445 bopd.
LGO Energy said its most recently completed well is producing at a rate of more than 1,000 bopd. The GY-670 well, at its Goudron field in Trinidad, was perforated earlier this month over a 177-foot interval of oil pay in the c-sands. During the last 48 hours the well has flowed at an average rate of 1,104bpd and the initial open-hole flow rate calculated for the well exceeds 6,000 bopd.
Leni Oil and Gas (LGO) has confirmed its eighth Goudron-field well in Trinidad is ready for commissioning. Well GY-671 has reached a total measured depth of 3,598 metres, been electronically logged and cased for completion as a C-sand producer. A net oil pay interval of 244 feet has been recorded on the electric logs in the C-sand of GY-671 alongside two previously completed wells, GY-669 and GY-670.
LGO Energy said it has now recompleted work on the GY-667 well at its Goudron Field in Trinidad. The company said the well is currently flowing under its own pressure at a stabilized rate of 350 barrels of oil per day (bopd). An interval of 186 feet of net pay was perforated using tubing conveyed guns and an initial open-hole flow rate of 1,030bopd was observed.