Shell Relinquishes Block 25(a) Offshore Trinidad & Tobago

Anglo Dutch oil company Shell has returned offshore block 25(a) to the Trinidad government and plans to close its exploration and production office on the island, Trinidad Shell Exploration and Production general manager Daniel Trumpy told BNamericas.

Evidence of some termogenic charge - associated with mature source rock - at its Pepper Sauce well had given rise to expectations at Shell that the deepwater well had made a promising find. However, Pepper Sauce proved to be non-commercial, and Shell relinquished the block on March 20, Trumpy said. Block 25(a) is 80km east of Trinidad in up to 1,300m of water.

Although Shell is closing its E&P office, it is not exiting the country, Trumpy said. Shell is one of 12 companies that holds rights to seismic studies in an area to the east of the currently-leased blocks, and Trinidad Shell E&P will stay put until results, scheduled to be available towards the end of this month, have been analyzed.

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