Shell Trinidad and Tobago (through BG International, a subsidiary of Royal Dutch Shell plc) today announces that production has started on Block 5C in the East Coast Marine Area (ECMA) in Trinidad and Tobago. This marks a significant milestone in the delivery of gas both domestically and internationally through Atlantic LNG.
“Today’s announcement strengthens the resilience and competitiveness of Shell’s position in Trinidad and Tobago,” said Maarten Wetselaar, Director of Integrated Gas, Renewable and Energy Solutions. “This is a key growth opportunity that supports our long-term strategy in the country as well as our global LNG growth ambitions.”
Block 5C, known as Project Barracuda, is a backfill project with approximately 25,000 barrels of oil equivalent per day (boe/d) (140 mmscf/d) of sustained near-term gas production with peak production expected to be approximately 40,000 boe/d (220 mmscf/d). It is Shell’s first greenfield project in the country and one of its largest in Trinidad and Tobago since the BG Group acquisition.
Key data points: The growth forecast = 5.0% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in tight gas market to 2031 by type (processed tight gas and unprocessed tight gas), application (residential, commercial, industrial production, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pages“We are immensely proud of our people and the remarkable work it took to achieve this milestone, particularly given that drilling began in May 2020 during the COVID-19 pandemic,” said Eugene Okpere, Shell’s Senior VP and Country Chair. “Our execution strategy had to be completely overhauled to deliver our business plan, all while working remotely. It required tremendous resilience, adaptability and commitment.”
The ECMA is one of the most prolific gas-producing areas in Trinidad and Tobago. As part of Shell’s development strategy, the company has sought ways to access the significant volumes that exist in the ECMA and to bring them online.
