Today, BHP released their Operational Review for the year ended 30 June 2018 and released information on their success at Victoria-1, drilled offshore Trinidad in Block 5.

It states that “In Trinidad and Tobago, following the gas discovery at LeClerc, we commenced Phase 2 of our deepwater exploration drilling campaign to further assess the commercial potential of the Magellan play. The Victoria-1 exploration well was spud on 12 June 2018 and encountered gas.”

BHP also indicated that “Following completion of the Victoria-1 well, we expect the Deepwater Invictus to drill the Bongos prospect in Northern Trinidad and Tobago.”

Victoria-1 is  a deepwater well located in Block 5 where BHP is the operator with 65% equity. Victoria-1 is in 1,828m of water and the well depth is 2,545m.