LGO Energy said its most recently completed well is producing at a rate of more than 1,000 bopd.
The GY-670 well, at its Goudron field in Trinidad, was perforated earlier this month over a 177-foot interval of oil pay in the c-sands.
During the last 48 hours the well has flowed at an average rate of 1,104bpd and the initial open-hole flow rate calculated for the well exceeds 6,000 bopd.
Neil Ritson, LGO’s chief executive, said:”The first of the three wells on Pad-3, and the sixth completion in the eight wells we have drilled in 2014 has provided our best initial oil rate to date.
“Higher reservoir pressures in this area of the field combined with further improvements in drilling and completion techniques have given us the highest flow rate ever seen in the Goudron Field.
“Two further wells, GY-671 and GY-699, have yet to be placed on production on Pad-3.”