Trinmar Area is a producing heavy oil field located in shallow water in Trinidad and Tobago and is operated by Heritage Petroleum. The field is located in block Trinmar, with water depth of 1,641 feet.
Field participation details
The field is owned by Heritage Petroleum.
Production from Trinmar Area
The Trinmar Area heavy oil field recovered 93.52% of its total recoverable reserves, with peak production in 1969. The peak production was approximately 69.33 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2038. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 64.79 Mmboe, comprised of 52.26 Mmbbl of crude oil & condensate and 75.18 bcf of natural gas reserves. Trinmar Area heavy oil field reserves accounts 0.15% of total remaining reserves of producing heavy oil fields globally.
About Heritage Petroleum
Heritage Petroleum Co Ltd is a state-owned oil and gas firm in the early stages of development. The firm intends to concentrate on crude oil exploration, development, production, and marketing. The company is headquartered in Port of Spain, Trinidad and 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.