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The shallow-water project is located within the Greater Angostura Field.
BHP (NYSE: BHP) has begun producing oil from the Ruby Project offshore Trinidad and Tobago, the company reported Wednesday.
Located in shallow water in Block 3(a) within the Greater Angostura Field, Ruby is projected to be capable of producing up to 16,000 gross barrels of oil per day and 80 million gross standard cubic feet of natural gas per day at completion, BHP noted in a written statement. The company added the development comprises oil and gas production from the Ruby and Delaware reservoirs via five production wells and one gas injection well tied back into existing operated process facilities.
BHP begins production from $500m Ruby Project offshore Trinidad 06 May 2021 (Last Updated May 6th, 2021 12:50)
BHP and its partner have started oil production from the Ruby Project located offshore Trinidad and Tobago.
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The Ruby Project will have peak production capacity of 16,000 gross barrels of oil per day. Credit: C Morrison / Pixabay.
Located in the shallow water in Block 3(a) within the Greater Angostura Field, the Ruby Project secured BHP’s $283m funding approval in 2019.
The project involves oil and gas production from the Ruby and Delaware reservoirs through five production wells and a gas injector well.
The production wells are tied back to the existing processing facilities in the Greater Angostura field.