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.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.