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Trinidad's Touchstone's Ortoire block could have one trillion cu. ft of gas


Trinidad’s Touchstone’s Ortoire block could have one trillion cu. ft of gas
December 25, 2020
(Trinidad Guardian) Touchstone’s Ortoire Block could have as much as one trillion cubic feet (tcf) of wet natural gas and may potentially produce in excess of 200 million standard cubic feet of gas per day (mmscf/d) according to Paul Baay, director, president and chief executive officer of Touchstone Exploration Inc.
In addition to which first gas is expected as early as February 2021 ramping up to 100mmscf/d by the fourth quarter next year.
“First gas we are hoping will be delivered late February, beginning of March 2021 for Coho and then the Cascadura and Chinook volumes we anticipate bringing on in the fourth quarter of 2021. ....

United States , City Of , United Kingdom , South West Peninsula , Paul Baay , Supplemental Petroleum Taxes , National Gas Company , Touchstone Exploration Inc , Trinidad Guardian , Ortoire Block , Touchstone Exploration , Cascadura Deep , Business Guardian , South West , ஒன்றுபட்டது மாநிலங்களில் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , தெற்கு மேற்கு தீபகற்பம் , பால் பாய , துணை பெட்ரோலியம் வரி , தேசிய வாயு நிறுவனம் , டச்ஸ்டோன் ஆய்வு இன்க் , டிரினிடாட் பாதுகாவலர் , டச்ஸ்டோன் ஆய்வு , காஸ்கேடுற ஆழமான , வணிக பாதுகாவலர் ,

NGC/Touchstone deal worth billions


NGC president Mark Loquan
The long-term deal signed between the National Gas Company (NGC) and Canadian company Touchstone Exploration Inc is worth between $1.6 and $2.2 billion, according to Touchstone’s chief executive officer Paul Baay.
In a five-minute interview on Friday with Proactive London’s Katie Pilbeam, Baay said the deal was probably the biggest the Canadian company will ever sign.
“The real headline number here is this is a contract that is probably worth somewhere between $1.6 and $2.2 billion over the term of the asset, by far the biggest contract that Touchstone will probably ever sign, so it really monetises the asset,” Baay said. ....

Trinidad And Tobago , City Of , United Kingdom , Paul Baay , Mark Loquan , Katie Pilbeam , National Gas Company , Us Energy Information Administration , Touchstone Exploration Inc , Proactive London , Non Disclosure Agreement , Information Administration , Ortoire Block , Cascadura Deep , டிரினிடாட் மற்றும் டொபாகோ , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , பால் பாய , தேசிய வாயு நிறுவனம் , டச்ஸ்டோன் ஆய்வு இன்க் , ப்ரோவாக்டிவ் லண்டன் , காஸ்கேடுற ஆழமான ,