Trinity Exploration indicated in their operational update that wellsite preparation for the onshore deep Jacobin well is underway, with the well expected to be spud in late April. Trinity has a 100% interest in the Palo Seco area sub-licenses, where nine deeper prospects have already been mapped.
Trinity has a 100% interest in the Palo Seco area sub-licenses, where nine deeper prospects have already been mapped.
The Jacobin well has been designed to test an extensive and lightly-drilled Miocene age deeper turbidite play across the prolific southern onshore basin and will provide the Company with critical new data on this extensive play and the wider Palo Seco acreage.
The well objective is a structural prospect defined on 3D seismic. The well will target mean oil in-place volume of 5.7 million barrels and an upside (P10) case of over 10 million barrels in-place.
The company has also indicated that it brought back into production, the ABM-151 well in the Brighton Marine block, offshore the West Coast of Trinidad. The well was returned to production in March following extensive refurbishment of surface facilities and the installation of remote surveillance technology. Trinity has a 100% interest in the Brighton Marine license.
Trinity anticipates steady-state production from ABM-151 in the range of 60-110 bopd. Production has gradually increased since the well restart and has flowed at rates over 200 bopd on a 10/64" choke with 0% water cut. The well will be managed closely in the coming weeks to achieve stabilized production rates within the target guidance and will further benefit from the SCADA automation system the Company has installed.