bp Trinidad and Tobago LLC (bpTT) today confirms its Matapal project has safely achieved first gas. The major milestone was achieved ahead of schedule and under budget despite the constraints brought about by the COVID-19 pandemic.
Matapal is bpTT’s second subsea development. It’s comprised of three wells, which tie back into the existing Juniper platform, helping minimize development costs and the associated carbon footprint. It’s located approximately 80km off the south-east coast of Trinidad and approximately 8km east of Juniper, in a water depth of 163 metres.
Matapal will deliver gas into the Trinidad gas market from resources discovered by the Savannah exploration well, drilled in 2017. The initial production from this development is expected to be in the range of 250-350 million standard cubic feet per day (mmscfd), once all wells are fully ramped up.
Claire Fitzpatrick, president bpTT, said: “Natural gas will play an important role in the energy transition and to the economy of Trinidad and Tobago for decades to come. This is why our team at bpTT has worked diligently to safely start up our Matapal project which we successfully achieved both under budget and ahead of schedule. We are committed to a strong energy future in Trinidad and Tobago and this project plays a critical role in delivering that.”
Fabrication work on Matapal began in 2019. The project required modification to the existing Juniper platform as well as the construction and installation of new subsea equipment. Importantly, the majority of fabrication work required to adapt the Juniper platform for new production was completed locally. Hydrocarbons from Matapal will be transported to the Juniper platform via two 9 km flexible flowlines.
With 15 offshore production platforms, bpTT is the country’s largest hydrocarbon producer, accounting for about 55% of the nation’s gas production.
bp press office, London: +44 20 7496 4076, email@example.com, Ryan Chaitram: 772-3116, Luis Araujo: 793-3374
In order to utilize the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 (the 'PSLRA'), bp is providing the following cautionary statement. This press release contains certain forward-looking statements – that is, statements related to future, not past events and circumstances – which may relate to one or more of the financial condition, results of operations and businesses of bp and certain of the plans and objectives of bp with respect to these items. These statements are generally, but not always, identified by the use of words such as 'will', ‘would’, 'expects', 'is expected to', 'aims', 'should', 'may', 'objective', 'is likely to', 'intends', 'believes', 'anticipates', 'plans', 'we see' or similar expressions. Actual results may differ from those expressed in such statements, depending on a variety of factors including the risk factors set forth in our most recent Annual Report and Form 20-F under "Risk factors" and in any of our more recent public reports.
Our most recent Annual Report and Form 20-F and other period filings are available on our website at www.bp.com, or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov