Calypso is a deepwater gas discovery in Trinidad and Tobago. The Calypso opportunity is located 217 km off the coast of Trinidad and Tobago, close to existing LNG infrastructure and downstream petrochemical facilities.
The Calypso appraisal drilling programme (consisting of the Bongos-3, Bongos-3X and Bongos-4 wells) concluded on December 20, 2021. All wells encountered hydrocarbons.
Calypso sits within the Deepwater Blocks 23(a) and TTDAA 14 lease blocks.
In a recent investment day briefing, Andy Drummond, Executive Vice President for Exploration and Development, said that the company discovered over 3.2 Tcf of gross 2C contingent resource at Calypso in a country with a great market outlook.
T&T offers a quick path to market and monetise resources found.
“First, there are LNG trains with ullage,” Drummond said. He added, “There is a petrochemicals industry that relies on gas as a feedstock and third, there is a domestic gas market.” Additionally, as Shiva McMahon, Executive Vice President, International Operations mentioned, “we’ve a long history in country and a great relationship with the government who are keen to support this development.”
Drummond also said that Woodside’s focus at present is selecting the development concept and identifying the best commercial and marketing solutions.