BP gives nod for Juniper gas project off Trinidad and Tobago
BP PLC has given approval for its Trinidad and Tobago subsidiary BP Trinidad & Tobago LLC to proceed with its Juniper natural gas project.
Juniper, estimated to contain 1.2 tcf of gas, lies offshore Trinidad and Tobago’s east coast on the continental shelf where BP produces all of its 2 bcfd of gas.
The company said the Juniper project will feature the construction of a normally unmanned platform together with corresponding subsea infrastructure, a first for BPTT. Fabrication is proposed to begin in fourth quarter.
The Juniper facility will take gas from Corallita and Lantana fields, which lie in 360 ft of water about 50 miles offshore Trinidad and Tobago’s southeast coast. The development will include five subsea wells and will have a production capacity of 590 MMscfd. Gas from Juniper will flow to the Mahogany B hub via a 10-km flowline.
Juniper will become BPTT’s 14th offshore production facility. Drilling is due to commence in 2015 and first gas from the facility is expected in 2017.
It took BP PLC 2 years to sign off on the project because of concerns about the cost of development and the tax regime in Trinidad and Tobago. It took a revision of the Caribbean twin-island nation’s fiscal incentives for the project to be approved.
BPTT produces 18% of BP’s global production.
