Trinidad and Tobago’s National Gas Company (NGC) is expected to receive first gas from the Cascadura natural gas and associated liquids facility on or about June 30, 2023, Touchstone Exploration announced.
“Touchstone remains on track to complete the Cascadura facility prior to this date to ensure production can commence as soon as NGC is in a position to receive first gas,” the company noted in a release.
Works are ongoing at the facility.
Touchstone said the civil and concrete foundation work for the main process facility is completed and all process equipment has been acquired.
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“…the flare stack is procured, with the associated foundation work commencing imminently; the communication tower is approximately 80 percent complete; the pipe racks are approximately 90 percent assembled with hydrotesting initiated, and the units are expected to arrive at the facility within the next three weeks; and the on-site condensate tanks are approximately 65 percent complete,” Touchstone outlined.
The NGC’s date is later than anticipated, according to Paul Baay, President and Chief Executive Officer (CEO) of Touchstone. He said it gives the company a clear opportunity to plan the final phase of its various work streams to minimise costs and optimise services.
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“First gas from Cascadura will be a transformative achievement for Touchstone, and we thank shareholders for their continued support and patience as we work towards this significant milestone,” he noted, adding “we expect that the funds raised late last year and our current base production will allow us to complete drilling the Royston-1X well and prepare our next development locations at Cascadura while we finalise construction of the Cascadura facility.
Touchstone is constructing a multi-well surface production facility with a designed production capacity of 200 million cubic feet of natural gas per day; 5,000 barrels per day of associated liquids and 200 barrels per day of produced water. The facility will also have a storage capacity of 8,800 barrels of liquids on the Cascadura A wellsite.
The NGC has commenced activity in the field to begin the construction of the 1.7 kilometre, 20-inch pipeline to the Cascadura facility.
