BHP’s Ruby Project Moving Forward Offshore Trinidad

(Energy Analytics Institute, 21.Jul.2020) — The Ruby project offshore Trinidad & Tobago expects initial production in calendar year 2021, according to BHP.

The project will have capacity for five production wells to be tied back into existing operated processing facilities, with gross capacity to produce up to 16,000 barrels per day (b/d) of oil and 80 million standard cubic feet per day (MMscf/d) of natural gas, BHP announced 21 July 2020 in its operational review through 30 June 2020.

The project, operated by BHP with a 68.46% working interest, is on schedule and budget. Capital expenditures are estimated at $283mn and the overall project is 28% complete.

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Additionally, the Deepwater Invictus rig is anticipated to mobilize to Trinidad and Tobago in the September 2020 quarter to drill one exploration well, Broadside, in BHP’s southern licenses as part of Phase 5 of the company’s deepwater drilling campaign, subject to any further Covid-19 constraints on mobilization.

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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.