Loran–Manatee gas field
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| Loran–Manatee | |
|---|---|
| Country | Venezuela/Trinidad and Tobago |
| Region | Atlantic Ocean |
| Offshore/onshore | offshore |
| Operator | PDVSA/Chevron Corporation |
| Field history | |
| Discovery | 1983 |
| Start of production | 2013 |
| Production | |
| Current production of gas | 21.4×106 m3/d 750×106 cu ft/d 7.62×109 m3/a (269×109 cu ft/a) |
| Estimated gas in place | 293×109 m3 10.25×1012 cu ft |
The Loran–Manatee gas field natural gas field is located on the continental shelf of the Atlantic Ocean. It was discovered in 1983 and developed by PDVSA. It began production in 2013 and produces natural gas and condensates. The total proven reserves of the Loran–Manatee gas field are around 10.25 trillion cubic feet (293 km3), and production is slated to be around 750 million cubic feet/day (21,4×106m3) in 2018.[1]
According to a 2013 agreement, Venezuela owns 73.75% of the joint field and Trinidad and Tobago own the remaining 26.25%.[2]
Trinidad and Tobago originally planned to develop the gas field in cooperation with the Venezuelan PDVSA, but in 2020 Prime Minister Keith Rowley announced that Trinidad and Tobago would develop the field independently, citing U.S. sanctions against Venezuelan companies.[2]
References[edit]
- ^ "Why Trinidad & Tobago is optimistic about future gas supply". news.co.tt. 2014-03-16. Retrieved 2014-05-01.
- ^ a b Hutchinson-Jafar, Linda; Cohen, Luc; Eschenbacher, Stefanie (February 3, 2020). "Trinidad cancels gas deal over U.S. sanctions on state-run Venezuelan company". Reuters.
- Loftus, Suzanne; Bagley, Bruce; Moulioukova, Dina; Kassab, Hanna S. (15 October 2018). After the Fall: Energy Security, Sustainable Development, and the Environment. Rowman & Littlefield. pp. 13–14. ISBN 978-1-4985-8662-7. Retrieved 2 February 2024.
- Bryan, Anthony T. (March 2021). "The Southern Caribbean Energy Matrix and the Consequences of the Regional Push for Renewable Energy (Working Paper No.2)" (PDF). Kimberly Green Latin American and Caribbean Center at Florida International University. pp. 10–11. Retrieved 2 February 2024.
- Bryan, Anthony (2021). Clegg, Peter; Mahon, Robin; Oxenford, Hazel A. (eds.). The Caribbean Blue Economy. London: Routledge. pp. 179–180. ISBN 978-0367263676. Retrieved 2 February 2024.
- "Shell Green Lights Investment in Manatee Development Off Trinidad". Journal of Petroleum Technology. Society of Petroleum Engineers. 1 October 2023. Retrieved 2 February 2024.
- "Manatee field one step closer to final decision". The Trinidad and Tobago Guardian. 29 November 2023. Retrieved 2 February 2024.
- Wright, Blake (28 March 2023). "McDermott Makes Splash With Manatee FEED". Journal of Petroleum Technology. Society of Petroleum Engineers. Retrieved 2 February 2024.
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