Monday 18 March, 2019

Local company delivers first gas supply from Iguana field to NGC

DeNovo Energy Limited (DeNovo) has announced the production of its first commercial supply of natural gas from the Iguana field in Block 1(a).

DeNovo is Trinidad and Tobago’s fifth natural gas producer and is part of the Proman Group.

According to a release from the company, DeNovo plans to deliver 80 million standard cubic feet of gas per day (MMSCFD) from the Iguana field for use by the petrochemical plants on the Pt Lisas Industrial Estate through the National Gas Company of Trinidad and Tobago.

"Denovo has a proven and sustainable model for increasing gas supply security by safely and quickly developing stranded and marginal gas reserves at a competitive cost," the statement said.

The Iguana field was discovered in 1982 but remained undeveloped for over 34 years until DeNovo became the operator in 2016. The fast-track filed development was executed in under three years with over 73% local content from over 2.6 million man-hours with zero lost time incidents (LTI’s).

Iguana was the first west coast natural gas field to be developed in Trinidad and Tobago and the first offshore gas development to be completed utilising a local jack up rig.

 

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