BHP Billiton exploits the first oil of Ruby project

According to a report by China Petroleum and Chemical Corporation News on May 5, BHP Billiton and its partner Trinidad and Tobago’s National Gas Company (NGC) have already purchased USD 500 million from offshore Trinidad and Tobago.

This milestone process was completed ahead of schedule, less than two years before BHP Billiton approved the offshore oil and gas project in August 2019.

The Ruby project is located in the shallow water area of ​​Block 3(a) of the Greater Angostura oil field, nearly 45 kilometers from the northeast coast of Trinidad.

BHP Billiton said that the drilling and completion of the Ruby oil field is in progress.

According to a contract announced in early 2020, McDermott International is responsible for the supply of underwater umbilicals, risers and oil pipelines (SURF) for the project, and completes the transportation and installation.

After the project is completed, it is expected to produce 16,000 barrels of crude oil and 80 million barrels of natural gas per day.

Geraldine Slattery, President of BHP Billiton Petroleum, said: "The launch of the Ruby project represents the continued development of BHP Billiton’s oil and gas production facilities in Trinidad and Tobago, enhancing the quality and quality of resources.

He added: “In 2018, BHP and Block 3(a) partners obtained Ocean Bottom Node (OBN) seismic survey data to optimize the location of the Ruby Project development well.

BHP Billiton is the operator of the Ruby development project, holding 68.

Wang Jiajing excerpted and translated from NS Energy

The original text is as follows:

BHP draws first oil from $500m Ruby Project, offshore Trinidad

BHP and its partner The National Gas Company of Trinidad and Tobago (NGC) have achieved production of first oil from the $500m Ruby Project, located offshore Trinidad and Tobago.

The milestone comes ahead of schedule, less than two years after BHP had sanctioned the offshore oil and gas project in August 2019.

The Ruby Project is located in the shallow water in Block 3(a) within the Greater Angostura Field.

It involves oil and gas production from the Ruby and Delaware reservoirs through five production wells and a gas injector well, which are tied back into already established operated processing facilities.

BHP said that drilling and completion works at the Ruby field are in progress.

The offshore oil and gas project is anticipated to be completed in the third quarter of this year.

　　Under a contract announced in early 2020, McDermott International has been responsible for providing subsea umbilicals, risers, and flowlines (SURF), transportation, and installation for the project.

　　Following its completion, the Ruby Project is estimated to produce up to 16,000 gross barrels of oil per day and 80 million gross standard cubic feet of natural gas per day.

　　The offshore field has 13.
2 million barrels of oil and 274 billion cubic feet of natural gas in estimated recoverable 2C Resources.

　　BHP petroleum president Geraldine Slattery said: “The start-up of Ruby represents continued development of BHP's oil and gas production facilities in Trinidad and Tobago, re-enforces the quality of the resource and its investment competitiveness.

　　"An Ocean Bottom Node (OBN) seismic survey acquired by BHP and the Block 3(a) partners in 2018, was utilised to illuminate and optimally position the Ruby Project development wells.
This marks a significant milestone for our Petroleum business and our future in Trinidad and Tobago.
"

　　BHP is the operator of the Ruby development with a stake of 68.
46%, while NGC holds the remaining stake of 31.
54%.