BHP FINDS MORE GAS.(BHP Billiton Ltd. makes gas discovery off the coast of Trinidad)(Brief Article)

0 Comments | Caribbean Update, December, 2003

BHP Billiton Ltd. has made another gas discovery in its Angostura field off Trinidad's east coast, reports Oil & Gas Journal (Oct. 24, 2003):

Energy Minister Eric Williams said BHP Billiton and its partners made the gas discovery on Block 2c off the east coast of Trinidad in a well called the Howler No. 1. "They have made a gas discovery in the Cretaceous Naparima Hill formation, which has eluded us, in terms of its commerciality, for quite a number of years." Williams said. "The significance of a commercial discovery in the Cretaceous formation blows the game wide open. So for those who say that we are running out of oil and gas, I say, 'Think again!'" Williams told Parliament. Williams said Trinidad's proved, possible, and probable reserves had now climbed...