LGO Energy said finals approval have been given for the construction of the 2015 drilling pads for its Goudron field.
The company said work will start immediately and is expected to take several weeks.
LGO has also been notified by the Petroleum Company of Trinidad and Tobago that they intend to upgrade the existing 2 7/8-inch export pipeline from the Goudron field with a new 4 ½-inch pipeline.
Neil Ritson, LGO’s chief executive, said: “Now that all the approvals have been granted for the 2015 Goudron drilling program to start, we can look forward to commencing the new season’s drilling, which should see significant increases in the field’s oil production.”
The new drill pads, designated Pad 4 and Pad 5, will be used for the next seven development well, GY-672 to GY-680, as part of the company’s intial 30 well programme which commenced last year.
The company has a rig under contract from Well Services Exploration Limited, Rig-70, and expects to mobilise the rig as soon as the first pad is ready for use.
Three wells will be drilled to the C-sand reservoir from Pad 4 before the rig is moved to Pad 5 where it is expected that four C-sand wells will be drilled.