Page 17 - LatAmOil Week 22
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LatAmOil                                    NEWS IN BRIEF                                          LatAmOil








       UPSTREAM

       Trinidad: Columbus Energy

       starts Phase 2 of CO2 Pilot
       Project at Trinity Inniss field


       Columbus Energy has announced the start of
       Phase 2 of the CO2 Pilot Project in the Trinity
       Inniss field, onshore Trinidad.
         Leo Koot, Executive Chairman of Columbus,
       commented: “The Company is very pleased to
       have started Phase 2 of the CO2 Pilot Project in
       the Trinity Inniss field, which has the potential
       to materially increase oil production in the field.
       Acting in conjunction with our partner, Pred-
       ator Oil and Gas, we have already commenced
       injection of CO2 into the reservoir and will
       be building up to continuous injection in the
       coming weeks. The CO2 project is an impor-
       tant enhanced oil recovery project for both the  support its geophysical, geotechnical and envi-  INVESTMENT
       Company and Trinidad and I look forward to  ronmental research operations across the region.
       updating the market as to the results of the CO2   Ranger 2 Ultra-Short Baseline (USBL) sys-  Petrobras releases
       injection in due course.”           tems have been installed on board OceanPact’s
         As previously announced, the term of the  research vessel Seward Johnson and RSV Aus-  teaser for E&P in
       Trinity Inniss Incremental Production Service  tral Abrolhos to precisely track the location of
       Contract (IPSC) was extended to allow for the  underwater equipment and sensor packages   Espírito Santo Basin
       implementation of the CO2 Pilot Project. Ear-  deployed from the ships, including seabed cor-
       lier in the year, the Company injected the first  ers, towed sensors and data loggers. Both ves-  Petrobras informs that it has started the oppor-
       tank of CO2 into well AT5X in the Trinity Inniss  sels are currently on hire to Brazilian oil major  tunity disclosure stage (teaser), regarding the
       field and is now proceeding with Phase 2, with  Petrobras.               sale of a part of its interest in the exploratory
       the immediate objective of maintaining CO2   Ranger 2 USBL is a popular choice for con-  blocks belonging to the ES-M-596_R11, ES-M-
       injection at the optimum peak rate of 9 tonnes  ducting research at sea as operations can start as  598_R11, ES-M-671_R11, ES-M-673_R11
       per day. The Company will measure the impact  soon as a vessel arrives on location. This helps  and ES-M743_R11 concessions, located in the
       of continuous CO2 injection on oil production  maximise valuable ship time. It has the capabil-  Espírito Santo Basin.
       in offset wells to AT5X and hopes to see material  ity to track multiple underwater targets simul-  The teaser, which includes key information
       increases in production levels.     taneously to beyond 11 km, works in shallow or  about the opportunity, as well as the eligibility
         The Company’s interest in the Trinity Inniss  deep water and is able to remotely configure and  criteria for selection of potential participants,
       field benefits from an agreement with Predator  communicate with compatible instruments. This  is available on the Petrobras website. The main
       Oil and Gas, whereby Predator plans and funds  operational flexibility was a key factor in Ocean-  subsequent stages of the project will be reported
       the CO2 EOR Pilot Project. As part of the agree-  Pact’s investment decision.  to the market in due course.
       ment with Predator, the Company and Predator   Raphael Melo, Survey Manager from Ocean-  The concessions ES-M-596_R11, ES-M-
       share 50:50 in any incremental oil production  Pact Geo, said: “For geophysical, geotechnical  598_R11, ES-M-671_R11, ES-M-673_R11 and
       (after Predator recovers its costs associated with  and environmental research and survey opera-  ES-M-743_R11 were acquired in the ANP’s 11th
       the project).                       tions in Brazil we rely on the highest specifica-  Bidding Round in 2013 and are currently in the
       Columbus Energy, June 01 2020       tion and highest reliability systems. Sonardyne’s  1st Exploration Period. Petrobras’ current par-
                                           equipment has proven to be both during our pre-  ticipation in the concessions is detailed below:
                                           vious long-term rentals. This is why we have cho-  for ES-M-596_R11, Petrobras (50%, operator)
       SERVICES                            sen now to permanently acquire this equipment  and Equinor (50%); for ES-M-598_R11, Petro-
                                           for two of our vessels. Having the reassurance of  bras (40%), Equinor (40%, operator) and Enauta
       Sonardyne positioning               local technical and operational support from the  (20%); for ES-M-671_R11, Petrobras (40%),
                                           Sonardyne team here in Brazil is a big advantage  Equinor (35%, operator) and Total (25%); for
       systems chosen for                  for us also.”                        ES-M-673_R11, Petrobras (40%), Equinor (40%,
                                                                                operator) and Enauta (20%); and for ES-M-743_
                                              Andre Moura, Sales and Applications Man-
       Brazilian geoscience                ager at Sonardyne Brasil, said: “This order from  R11, Petrobras (40%), Equinor (35%, operator)
                                           OceanPact further embeds Ranger 2’s reputation  and Total (25%).
       research vessels                    in the region. For those wanting accuracy and   The process of assigning to Petrobras the
                                           versatility, it’s proven itself time and again while  shares of Equinor, with the consequent trans-
       Brazilian geoscience services company Ocean-  also meeting the toughest specifications from oil  fer of the operation, and of Total, is in progress
       Pact Geociencias has chosen deep water posi-  and gas, science and survey companies.”  before CADE and ANP and is expected to be
       tioning technology from Sonardyne Brasil to   Sonardyne, June 03 2020    concluded in the second half of 2020.



       Week 22   04•June•2020                   www. NEWSBASE .com                                             P17
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