Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just one comment to the overpressure discussion - For those folks who are trying to understand if Cascadura was overpressured or not -
https://wiki.aapg.org/Overpressure_causes
And yes Cascadura most definitely is overpressured
5000 when developed?? I don’t follow you here…
Casca #1 and Casca deep will go online at the same time around april as for now.
Txp expects those two wells to produce around 90 mmcf/d.
That is converted to 15000 boed. In addition those two wells will also produce some thousands bbls/d of liquids…
This can be really exciting to attend :
https://aapg.zoom.us/webinar/register/WN_6vUolP4yTLe8vUZetwRxdw
It is not that easy! I guess the worst thing Paul has done is not explaining how things work in Trinidad.
And by the way - how can you ship in things when it is a curfew? And how will you transport when the roads are washed away and bridges damaged? Why not fix the roads?
Curfew…
Patience people, patience. I guess the delays will be hard to remember in a year, and that the updates ahead will explain…
Monkey-Junkey, comparing Trinidad with Norway or Canada is like comparing apples and tomatoes. Ok they are round and can be eaten, but that’s it.
In Trinidad it can take 3 weeks to get a permission that takes a day in Canada or even hours.
The curfew stopped all road construction for weeks etc
It is Trinidad… but they are making progress especially in the minestry.
Patience… and then the shorters will burn
Trinidad has not developed onshore gasproduction for decades. The know how and procedures don’t exist in the minestry. Going from scratch takes time. But they make good progess, Mr.Young pushes to get things done.
Another issue is the lack of equipement. There is one onshore testrig/crew on the island. Delay at one site affects the rest.
And the covid restrictions delayed everything both paperwork and construction f.ex roadconstruction
Upon all this we have weather issues. Heavy rain damages roads and bridges and tropical storms halt work at the sites.
Paul, Xavier and co work 24-7 to develop this multibillion project to the best for the company and shareholders.
The next pressreleses will explain much of the delays and what they have been working with.
The Coho deal is very near, rig is moving in as we speak at Royston and pressure testing is ongoing at Chinook.
Sit back, be patience and let the shorters burn
Some info regarding the seismic discussions.
The data for the Ortoire Block was received from the Bid Round data from the Ministry of Energy. Not from Shell. Shell happens to have drilled those wells in a previous generation.
Coora is a block leased from Heritage. Whatever well data Txp have was provided by Heritage. Txp has negotiated to receive the 3D seismic that covers the block.
We all want an update from the company especially after the Chinook disappointing results, the delays and the recent flarepictures from Chinook.
But the company wishes to pressrelease only material news beyond their workplan. They will step up the game on social media bringing info about the new rig, Coho pipeline, Roystonrig, seismic etc.
At Chinook full testing is ongoing, but it looks like they will gather all info before releasing anything. That means collecting pressures etc.
Reading between the lines, Pauls latest comment suggests anyway that the flow at Chinook is commercial as he expects the gas from Chinook to go through Cascadura.
So stay tuned.
Hi Scott. The minister was on site monday. Normally the test is finished by now.
Txp also normally releases the IP figures. It is also normal to shut in the well after the initial test for a pressure build up as you wrote. After some weeks the pressure recorders are pulled and as you say they can determine different stuff.
I do not think they will delay the pressrelease of the IP numbers. They will most likely appear tomorrow…
But I have had wrong before ??
Trinidad isn’t Canada or UK. Approvals that are fixed in hours in Canada can take weeks in Trinidad, but they are improving. And lack of equipement is also a problem. There are very few testrigs available at the island and weather and covid have also caused problems.
When they finally got the approval to test the Cruseformation, flooding caused road damage and also damaged a bridge.
Everything need more time in Trinidad.
As a matter of fact - 2 years from discovery to production from Coho is fast in Trinidad.