The Energy Chamber of Trinidad and Tobago, in a May 18 report, said major oil operators continue to view Trinidad and Tobago’s deepwater acreage as geologically prospective, with renewed seismic activity and regional comparisons reinforcing interest in underexplored offshore blocks.
The Chamber said ongoing exploration work and technical assessments suggest that deepwater systems offshore Trinidad and Tobago remain viable targets, particularly as companies expand frontier drilling strategies across the region.
The comment came weeks after ExxonMobil drew parallels between Trinidad and Tobago’s offshore geology and established deepwater reservoirs in Guyana and Angola.
The Chamber said, “For a country seeking to stabilize production and rebuild upstream momentum, ExxonMobil’s latest comments provide a constructive signal. Trinidad and Tobago’s mature energy sector already has established infrastructure, technical expertise and regional experience. New deepwater exploration could build on those strengths and help position the country for another phase of energy development.”
The Energy Chamber said ExxonMobil has already commissioned large-scale 3D seismic acquisition offshore Trinidad and Tobago, covering about 6,000 square kilometers in water depths of 2,000 to 3,000 meters.
Exxon to conduct seismic survey offshore Trinidad in second quarter of 2026 | OilNOW
It added that the program is designed to improve subsurface imaging and reduce exploration risk by providing higher-resolution geological data before drilling decisions are made.
“For Trinidad and Tobago, the work marks an important step in testing the country’s deepwater potential. While the country has a long history as a gas producer, new exploration success would help strengthen long-term production prospects and support the wider energy value chain, including LNG, petrochemicals and energy services,” the Chamber said.
According to the Chamber, the next stage of exploration will depend on how seismic results are interpreted and whether operators proceed to exploratory drilling in deeper offshore acreage.
“Although it is too early to determine whether Trinidad and Tobago’s deepwater acreage will produce results similar to Guyana, the renewed exploration activity is a positive signal. It shows that major international operators still see geological potential in the country and are willing to invest in the data needed to unlock new opportunities,” it added.
