TT: BHP makes
discovery
By
Curtis
Williams
The Trinidad Guardian
Port
Spain
Petroleumworld.com
09 17 06
BHP
Billiton has made a hydrocarbon discovery in Block
3(a). Well placed sources told the Guardian the
discovery was made in BHP’s Kingbird-1 well
which was the fourth spud in the block.
The
well was completed on September 4 but there is no
word on the extent of the find.
The
Guardian has been told that a shallow well, Ruby-1
was being drilled to give the Australian outfit
a better idea of the extent of the discovery.
Yesterday
BHP said it was not in a position to give any information
on the discovery.
“We
don’t have any material information to disclose
at this time. However, we will make announcements
as appropriate and in compliance with relevant stock
exchange rules,” the company said.
BHP
Billiton however, confirmed the drilling of Kingbird-1
well and the fact that it was now drilling Ruby-1.
In
a statement the company said: “As part of
its ongoing exploration programme off Trinidad’s
east coast, BHP Billiton T&T recently completed
drilling of its fourth exploration well— Kingbird-1,
in Block 3(a). Drilling on Kingbird-1 was completed
on September 4 Kingbird-1 was spud on June 17 2006.
Drilling results from the well are still being reviewed.”
Ruby-1
is expected to be completed in October 2006.
The
Nabors Rig 657 is conducting the drilling programme
on behalf of the Block 3(a) joint venture.
BHP
Billiton said it was too early to tell if it would
tie its commercial discovery in Block 3 (a) to its
facilities in Block 2(c).
“We
are focusing on completing the current drilling
programme, and only after evaluation of the results
will we be in a position to address this issue.”
the release explained.
Block
3(a) has so far been a very unsuccessful block for
BHP Billiton having failed in its first three wells.
Block
3(a) is operated by BHP Billiton T&T (25.5 per
cent). Joint venture partners include Kerr McGee
(25.5 per cent), Talisman (25.5 per cent), Petrotrin
(15 per cent).
The
Trinidad Guardian
Saturday
16th September, 2006
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©2005-2006
Trinidad Publishing .
All Rights Reserved.
