Gas opportunities in the southern Caribbean

.....petroleum, especially gas, to power the West Indies! 0

Friday, March 8, 2024, Webinar, Online

Just over 20 years ago I was a regular visitor to Trinidad to help our local BP office discover more gas*; BP had recently acquired Amoco and with it a fledgling gas business. All this was moderately successful - several good discoveries tho' not 'giants'.

As a result, Trinidad established an industrial base to exploit the gas - exports of LNG and Ammonia for example.
However, LNG exports have been in decline in recent years and it looks like they are now ~50% of their peak; as noted here:
there's also a clear decline in both oil and gas production.

However, if you look at the broader region, there are significant gas discoveries in Suriname, much associated gas with the recent prolific Guyana offshore oil discoveries, gas in eastern Venezuela (including the Dragon field on the maritime boundary that seems likely to go ahead as a joint Trinidad/Venezuela development). And who knows what is in the Barbados-Grenada Basin?

A natural thought is - at least to me - is there regional petroleum, especially gas, that could re-vitalise Trinidad's industrial 'cluster'?

This leads me to ask, I was well taught(!), how well do we understand the regional Petroleum System?
Nobody can answer this question better than my erstwhile colleague Andy Pepper, and he will bring his insights to us in this webinar on March 8th.

*I should add that my visits there led to an ongoing love of David Rudder's anthem to West Indies cricket 'Rally round the West Indies' and also respect for the BP Renegades, the steel band.



Karl Jeffery - editor - Finding Petroleum

Welcome & Introducton

Karl Jeffery is editor and co-founder of Digital Energy Journal, and conference producer of Finding Petroleum. He is also publisher of Carbon Capture Journal and Tanker Operator, and co-founder of Digital Ship, a publishing and events company covering digital technology for the deep sea maritime industry. He has a BEng in chemical engineering from Nottingham University

Finding Petroleum
Finding Petroleum was established to help the oil and gas industry network, and stay up to date on the latest technological developments. It does this via hosting regular events and with an online social network of nearly 10,000 members.

Andrew Pepper - Director & Founder - This !s Petroleum Systems LLC

Some thoughts on Petroleum Systems and future prospectivity of the East Venezuela – Trinidad & Tobago – Barbados – Guyana – Suriname region

Talk Description.
With a specific focus on gas, we can say that:

The southern ‘gas trend’, largely biogenic in origin, is already known to extend across the Trinidad-

Venezuela border and onto the Delta Amacoro shelf. However, a large public data gap exists between the

Venezuela-Trinidad border and the ‘Liza Trend’ in Guyana.

Many gas and mixed oil-gas phase pools have been discovered in southern deep-water Guyana

and much of deep-water Suriname; our models predict yet more oil and gas in a future shelf play. Although

no volumes have been published for the discoveries, pay counts reported in early wells indicate a very

significant proportion of associated solution and gas-cap gas, especially given our interpretation that the so

called ‘volatile oil’ there is actually rich gas-condensate.

Andrew Pepper has 39 years of experience in
petroleum geology and petroleum systems
analysis (geochemistry and basin modeling).

He is currently director of This !s Petroleum
Systems LLC, based in Fredericksburg, Texas.
He is a geologist, formerly holding positions as petroleum systems network leader at BP, chief geologist and director of new ventures at Hess Corporation, and vice president of geoscience and vice president of unconventional
exploration at BHP Petroleum.

Andrew’s interests are in regional geology, petroleum systems analysis, and unconventional
reservoirs. He has a bachelor’s degree, first
class, in geological sciences from the University of Leeds, United Kingdom, where he is currently a visiting academic.

This !s Petroleum Systems LLC

David Bamford - Director - Future Energy Partners Ltd

Q&A followed by Close no later than 1415

David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies. He has been a board director of Tullow Oil and Premier Oil.

He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Future Energy Partners Ltd
Future Energy Partners (FEP) is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

FEP was founded by 4 senior industry practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in a transforming, transitioning, industry, in order to maintain an energy supply that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

FEP actively participates in the facilitation and conduct of seminars and webinars worldwide, for example in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, the USA, Sub-Saharan Africa, with partners wherever we work.

Sponsors of this event

Registered Delegates

Ron Daniel
Staff Geologist
Ian Gath
Product Owner
Richard Walker
Geophysical Consultant
Richard Walker Geoscience Ltd
United Kingdom
Tony Paul
Trinidad and Tobago
Mischa Gehlen
Petroleum Geochemist
United Kingdom
Gerardo Gaitan
Basin Researcher
S&P Global
United Kingdom
Nick Steel
United Kingdom
Chief Geophysicist - retired as consultant
George McCarthy
United Kingdom
Basin and Petrroleum Systems Analysis Independent Consultant
Independent Consultant
United Kingdom
Julia Kotulova
senior geologist
Slovak Academy of Sciences
David Boote

DBConsulting Ltd
United Kingdom
Abimbola Durogbitan
GM Geosciences
Independent Consultant/Nigerian Association of Petroleum Exolorationists UK/EUROPE COORDINATOR
United Kingdom
Liliana Goncalves-Ferreira

United States
Dirk Bodnar
El Pilar Petrotechnical Consulting
United States
Ryan Brown

National Energy of Trinidad and Tobago
Trinidad and Tobago
Umut Isikalp
PhD Researcher
Greg Coleman
Future Energy Partners
United Kingdom
Sebastien Duc
Group Geoscience Manager
United Kingdom
Edward Cazier
Sr Development Geologist
Westlawn Americas Offshore
United States
Prince Baah
Business Development
Carlo Buscaglia
Subsurface Team Lead
United Kingdom
Hugh Ebbutt
Associated Director
WSS Energy Consulting
United Kingdom
Kerri Wilson
Senior Petroleum Geologist
United Kingdom