Touchstone Exploration Inc. released data from two tests of the Royston-1 exploration well on the Ortoire block, onshore in the Republic of Trinidad and Tobago. Both tests confirmed separate light oil discoveries.
The first and deepest Royston-1 completion and exploration test was designed to evaluate an interval at the bottom of the well in the intermediate sheet of the Herrera formation. The completion spanned a 92-ft gross interval (30 ft net pay) below 10,434 ft that was identified on wireline logs as being hydrocarbon bearing. The well was shut in following completion and a brief clean-up period to recover load fluid, and it built to a pressure of 3,150 psi at surface (estimated 7,100 psi reservoir pressure). The interval was subsequently flowed up 3.5-in. tubing on a variety of choke sizes between 16/64 in. and 40/64 in. at rates up to 550 b/d.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.