A Deepwater Gasfield-Development Strategy for Trinidad and Tobago

Topics: Asset/portfolio management Petroleum economics/production forecasting
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Trinidad and Tobago is the top natural-gas producer in the Caribbean, with average daily production in 2014 of 4.069 Bscf/D. With vibrant upstream, midstream, and downstream sectors, Trinidad and Tobago makes maximum use of the natural-gas value chain. Further maximization through growth in the downstream sector requires an adequate supply of natural gas in addition to the shallow-water gas fields offshore, which are currently the main supply. Because of the thriving gas sector, a large amount of infrastructure already exists that may aid with any further development.


The Trinidad and Tobago Gas Development Model has shaped the growth of its natural-gas economy over the years, and, in 2014, the energy sector accounted for 45% of the country’s gross domestic product. Average production over the past 5 years was an estimated 4.2 Bcf/D, while average use for the same ­period was 3.9 Bcf/D, with liquefied natural gas (LNG) accounting for more than 50% of this consumption (Fig. 1).

This article, written by Special Publications Editor Adam Wilson, contains highlights of paper SPE 177102, “A Deepwater Gasfield-Development Strategy for Trinidad and Tobago,” by Ayasha Nickie, Trinidad and Tobago Ministry of Energy and Energy Affairs, prepared for the 2015 SPE Latin American and Caribbean Petroleum Engineering Conference, Quito, Ecuador, 18–20 November. The paper has not been peer reviewed.
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A Deepwater Gasfield-Development Strategy for Trinidad and Tobago

15 October 2016

Volume: 68 | Issue: 11