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LGO sells first oil from new tank at Goudron field

Oilfield Technology,

Leni Oil and Gas (LGO) has made its first sale from the newly commissioned sales tank at the Goudron Field in Trinidad.

A total of 1886 barrels of crude oil were shipped from the new sales tank to the Pointe-a-Pierre refinery.

Neil Ritson, CEO, commented: "A further milestone in field operations was reached yesterday with the first oil sale from the newly commissioned 2000 barrel facilities. Production from the field can now be raised without any further immediate constrains imposed by the sales infrastructure."

Previous maximum daily sales were limited to approximately 750 barrels and the new infrastructure will be capable of handling oil sales through the remainder of 2014 and to mid-2015 when a Lease Automatic Custody Transfer (LACT) meter is expected to be installed to handle higher sales volumes as production continues to ramp up with the ongoing drilling program.

Optimisation of the flow rates from the four wells now producing on Pad 2 (GY-665 to GY-668) will now continue unconstrained by facilities throughput. This process of optimisation is expected to take approximately two weeks to complete.

Drilling at well GY-669, the sixth of the planned 30 wells, is continuing on prognosis in the Goudron Sandstones after setting a steel casing at 395 ft measured depth. Well GY-669 has been designed with three steel casing strings in order to better manage pressure differences in the subsurface formations and to ensure that the primary Gros Morne reservoir is drilling in an optimal fashion. The previous five wells were drilled with a two casing design. Following the excellent production results obtained in the wells to date it has been deemed justified to further optimise the well design to achieve ideal drilling conditions and future production potential at the Gros Morne Sandstone. The new well design will be used in all future wells that target the Gros Morne as a primary reservoir.

Adapted from press release by Katie Woodward

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