Amoco Supports Trinidad's Industrial Growth With 40% Increase in Natural Gas Capacity

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06 August 1998

Amoco Energy Company of Trinidad and Tobago (Amoco Energy) has completed an 18-month project to increase its natural gas capacity by 40% to support the growing domestic industrial demand at Point Lisas and Point Fortin. The increase has brought Amoco's ability to provide gas locally to approximately 700 million cubic feet per day (mmcfd), primarily due to two highly successful new wells at the company's existing Flamboyant structure off the southeast coast of Trinidad.

"This natural gas development project marks a major step toward our plan to support domestic industrial growth," said David Wight, president of Amoco Energy Company of Trinidad and Tobago. "The growing demand for natural gas in Point Lisas, combined with the needs of the new Atlantic LNG, liquefied natural gas, facility in Point Fortin, is expected to result in natural gas sales in excess of one billion cubic feet a day in Trinidad by the middle of next year."

Amoco's "Interim Supply Gas Project" involved upgrades to the existing Flamboyant and Immortelle offshore structures to satisfy Amoco Energy's commitment to supply natural gas to the National Gas Company of Trinidad and Tobago (NGC), the country's natural gas provider to the local markets.

In the last 10 years, domestic natural gas demand has doubled in Trinidad due to new construction and expansions of methanol, ammonia and iron reduction plants that utilize natural gas. Since last year, Amoco's sales to NGC have increased 36%, rising from a contract quantity of 350 mmcfd in 1997 to 475 mmcfd in July of 1998. Amoco is committed to meeting the growing demand for natural gas in Trinidad and Tobago. On 23 July, Amoco Energy set its daily natural gas sales volume record, selling 592 million cubic feet of natural gas to the NGC to meet local needs.

"The results of this project further emphasize the importance of continuing to seek alignment with NGC's vision to support future business development in Trinidad," Wight explained. "Additionally, increased gas sales will offset some of the revenue shortfall to the Trinidadian government as a result of softened crude oil prices."

Both Flamboyant and Immortelle are located in about 230 feet of water, in the heart of Amoco Energy's offshore infrastructure, 35 miles southeast of Galeota. In 1993 two wells were drilled, with the Flamboyant No. 1 well demonstrating initial production of more than 100 mmcfd of natural gas. New technology was used this year to enable drilling two additional wells from a Cameron twin-monobore system from a single slot. This enabled Amoco to make best use of space on a 30-foot by 47-foot automated platform, reducing costs and shortening project time. The two new wells encountered multiple natural gas pay zones and both were completed in the G60 sand, 10,000 feet below sea level, now producing 70 mmcfd each. The Flamboyant presently produces about 285 mmcfd from four wells, with estimated recoverable natural gas reserves of 600 billion cubic feet.

This project demonstrates that we can leverage our existing infrastructure, while developing extremely cost-effective and innovative solutions to grow our natural gas volumes," Wight added. "This project is an example of excellent execution on the part of all parties. It involved a short cycle time because of swift internal and external approval processes, and excellent working relationships with our customers in the government and the NGC."

Amoco Energy Company of Trinidad and Tobago changed its name from Amoco Trinidad Oil Company in June 1998 to more accurately reflect the range of energy businesses with which the enterprise is involved. It is part of Amoco Corporation, a global producer of oil, natural gas, refined products and chemicals, with revenues of more than $36 billion in 1997.

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