Canadian oil and gas company Touchstone Exploration has made a discovery of natural gas in the Cascadura-2 field.
In a news release yesterday, Touchstone said the well was expected to be drilled to a depth of 8,300 feet, but drilling was suspended at 7,132 feet to preserve the substantial pay section observed in the well after high-pressure gas zones were encountered.
“While we planned to drill the well to a total depth of 8,300 feet, the gas sands encountered proved difficult to manage, and we ceased drilling to preserve the substantial pay section observed in the well. Drilling samples and open hole wiring logs indicated over 525 feet of sands in the targeted Herrera formation with hydrocarbon shows observed in samples and at the surface throughout the primary intervals,” Touchstone said.
It mentioned that the top of the key Herrera formation was detected at a measured depth of 6,186 feet, with sand and shows observed throughout the section to the total depth of the well.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.
