T&T Guardian

PORT SPAIN
EnergiesNet.com 10 12 2022

Touchstone Exploration has started producing gas from its Coho facility.

It is the first onshore natural gas project to come onstream in Trinidad and Tobago in over twenty years, the company said in a press release.

The Coho area is located in the Ortoire block, where Touchstone has an 80 per cent operating working interest. State-owned Heritage Petroleum Company Limited controls the remaining 20 percent working interest.

Paul Baay, president and chief executive officer of Touchstone said, “This is very exciting for the Company, as Coho production represents the first stage of diversifying our product mix in Trinidad. The Coho facility is capable of 24 million cubic feet of gross natural gas per day, giving us the ability to potentially add incremental production volumes through a combination of additional drilling and well optimisation. I would also like to recognise the collective contributions of our team in making this project a success. Being the first onshore gas project in over twenty years, we have learnt from the process, which we expect will provide a strong foundation for continuous improvement as we proceed with our larger Cascadura project.”

In a post to social media, Energy Minister Stuart Young who was in Washington DC, for the Hydrogen Americas summit, congratulated Touchstone on the start up of production.

He said, “This is the first new onshore gas production in decades. Well done—now onto Cascadura production.”

On September 26, 2022, Touchstone stated the Coho facility had been approved by the Ministry of Energy’s certified verification agent, and the company promptly authorised facility commissioning. On September 27, 2022, the company commenced commissioning and achieved commercial deliveries on October 10, 2022, with a field estimated sustained gross production rate of approximately 10.5 million cubic feet per day (approximately 8.4 million cubic feet per day net).

Touchstone said it would continue to monitor the Coho-1 well in an effort to optimise production. The company also explained that in conjunction with initial production, it sold the 2.7-kilometre, 6-inch gathering line tying in the Coho facility to the Baraka natural gas facility to the National Gas Company of Trinidad and Tobago. Natural gas production from the Coho facility will be sold to NGC in accordance with a natural gas sales agreement executed in December 2020.

guardinco.tt 10 12 2022