
LGO Energy said production has now commenced from a new oil pay interval in well GY-673 as part of its planned heavy work-over at the Goudron field in Trinidad.
The company said a total of 106feet of perforations were added to the Mayaro Sandstone in a reservoir that has previously not been completed for production.
Neil Ritson, LGO’s Chief Executive,said: “The previously announced program of low cost well interventions is being pursued at the Goudron Field to maintain production levels during a period of lower activity. As previously announced LGO is now well advanced with planning for drilling of a series of infill wells in the shallow Mayaro Sandstone, which is seen as a logical step in the ongoing development of the 975 million barrels of oil in place recently audited by Deloitte in their 2016 reserves report.”
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