Matapal is a producing conventional gas field located in shallow water in Trinidad and Tobago and is operated by BP Trinidad and Tobago. The field is located in block East Mayaro, with water depth of 633 feet.
Field participation details
The field is owned by BP and Repsol.
Production from Matapal
The Matapal conventional gas field recovered 4.15% of its total recoverable reserves, with peak production expected in 2024. The peak production will approximately 234 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 156.21 Mmboe, comprised of 937.27 bcf of natural gas reserves. Matapal conventional gas field reserves accounts 0.05% of total remaining reserves of producing conventional gas fields globally.
About BP Trinidad and Tobago
BP Trinidad and Tobago LLC is engaged in oil and gas exploration and production. The company caters to the markets in Lake Charles, Cove Point, and Everett and the Dominican Republic. BP Trinidad & Tobago is based in Port of Spain, Trinidad & Tobago
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.