Iguana is a producing conventional gas field located in shallow water in Trinidad and Tobago and is operated by DeNovo Energy. The field is located in block Block 1 (a), with water depth of 115 feet.

Field participation details

The field is owned by DeNovo Energy and The National Gas Company of Trinidad and Tobago.


Production from Iguana

The Iguana conventional gas field recovered 15.60% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 0.48 thousand bpd of crude oil and condensate and 81 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 56.6 Mmboe, comprised of 1.55 Mmbbl of crude oil & condensate and 330.31 bcf of natural gas reserves. Iguana conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.