Insurance Underwriters Roadshow 2012 January - Petrotrin

TT Exploration & Production by Company 2011
Petrotrin Production Summary
� Largest producer of crude oil in Trinidad and
Tobago
– Crude oil production averaged 45,027 bpd
(FY2011)
– Almost all of the oil production used as
feedstock for refinery (with the exception of
TSP)
� E&P has both onshore and offshore operations
– Gross acreage totaled 4,194,250 acres
– Net acreage totaled 1,274,396 acres (net
interest in joint venture deals)
� Petrotrin’s gas production is used for:
– Fuel for the Refinery and for E&P
– Gas processed into liquefied natural gas by Atlantic LNG (from the NCMA)
FY2011 TT Oil Production by Company
Total: est. 91,899 bopd
– Gas sold to National Gas Company of Trinidad and Tobago for domestic use (from the SECC and
Central block)
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