In 2019, Touchstone initiated phase 1 of its exploration program on the Ortoire block, where we hold an 80% operating working interest alongside state-owned Heritage Petroleum Company Limited. This program led to the highly successful natural gas discoveries at Coho-1, Cascadura-1ST1, and Cascadura Deep-1. Building on this success, we launched our development program at Cascadura in 2024, beginning with two appraisal wells, Cascadura-2ST1 and Cascadura-3ST1.
Key Highlights
5
Successful exploration
and appraisal wells
42,333 boe/d
Gross facility capacity
6
Development prospects at Cascadura
2,956
Net acres of natural gas potential
The Cascadura field represents a remarkable onshore discovery in Trinidad, marking one of the most significant finds in decades. In response to this exciting discovery, Touchstone constructed a natural gas and liquids processing facility that has been designed to produce 200 MMcf/d of natural gas and 5,000 bbls/d. As we look ahead to the mid-term development plans for the Cascadura field, several initiatives are on the horizon. A key objective is to drill an additional six wells, spread across two well pads, with the aim of boosting production.