BHP adds three wells to successful Trinidad deepwater campaign

7/17/2019

MELBOURNE - BHP announced the completion of phase three of its deepwater drilling campaign offshore Trinidad, discovering hydrocarbons in three new exploration wells in Q2 2019.

In its operational review for the company’s fiscal year ended June 30, BHP states “This campaign included three wells – Bélé-1, Tuk-1 and Hi-Hat-1 – which have all been successfully drilled and encountered gas. These three discoveries in our Northern licenses have established additional volumes around the Bongos discovery and evaluations are ongoing. Technical work is underway to assess further exploration targets and commercial options for the Northern Gas play.”

These discoveries mark seven successful exploration wells out of nine drilled offshore Trinidad over the course of the fiscal year. BHP is the operator of the new Pliocene-era gas wells, owning a 70% stake in each.

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