Predator Oil & Gas Holdings Plc (Predator), the Jersey based Oil and Gas Company with operations in Trinidad, Morocco and Ireland, has announced that the Permanent Secretary for the Ministry of Energy and Energy Industries has approved the use of the CO2 recovery system, installed and commissioned by Predator and Massy Gas Products, associated with the CO2 Pilot Project at the FRAM Exploration Gathering Station #4 in the Inniss-Trinity field.
The carbon dioxide injection and delivery system and site layout have been independently inspected to ensure that the highest HSE standards possible are applied to enable operations to continue uninterrupted during the COVID-19 public health emergency.
Paul Griffiths, Chief Executive of Predator, said, "This is an important development that allows us to separately process enhanced oil production from CO2 EOR operations for sale and export through the existing pipeline infrastructure."
On 17 November 2017, Predator signed the Inniss Trinity Well Participation Agreement (WPA) which facilitated Predator funding 100% of the cost of two infill production wells in the mature onshore Inniss Trinity oil field under the terms of an Incremental Production Service Contract (IPSC) held and operated by FRAM Exploration Trinidad Ltd (FRAM) with 100% equity. The ISPC is between FRAM and Heritage, the state oil company and license holder.
According to Predator's website, the company has analysed the currently available CO2 supply in Trinidad and determined that gas composition, deliverable volumes and required logistics are sufficient to support the execution of Pilot CO2 EOR operations. Potential CO2 supply characteristics have been matched to several areas of the Inniss- Trinity oil field that are considered to be geologically suited to CO2 EOR operations and to have had a previous production history that is interpreted as offering greater potential for higher production rates compared to other parts of the oil field.