LGO says that well GY-668, the fifth of its planned 30 new development wells at the Goudron Field in Trinidad, and the fourth well from the current drill pad, has successfully reached total depth (TD) at 3,026 feet measured depth (MD). The well has now been successfully logged and cased to TD.
Based on analysis of the electric logging it is interpreted that the well contains 254 feet of net oil pay in the Gros Morne Sandstones, the primary target of the well, in addition to the 191 feet of net oil pay in the Goudron Sandstones which was previously announced.
Once all necessary approvals have been obtained the wells GY-665 to GY-668 will be placed on production one by one. The rig will be moved to the next drilling pad to commence the drilling of the next four development wells (GY-669 to GY-672).