Touchstone Exploration Inc T.TXP

Alternate Symbol(s): PBEGF

Energy Oil & Gas E&P

Touchstone Exploration Inc. is a Canada-based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. Its main exploration focus is the Ortoire exploration block. The Ortoire exploration block covers about 44,731 gross acres on the east side of Trinidad. Its other exploration prospects include Royston, Coho, Cascadura, and Chinook. The Royston location is targeting a deep gas prospect with an estimated target depth of about 11,500 feet.

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Touchstone Exploration Inc > Testing........the lowermost zone of the overthrust

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Comment by Chreca1on Apr 04, 2021 10:36am

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Post# 32934923

RE:Testing........the lowermost zone of the overthrust

Proselenes wrote:
Its the Lowermost section of the overthrust being tested at Casca-Deep-1 currently. So we will have to compare to the Lower section of the Casc-1 well.

The lowermost section of the Casca-1 well tested at :

Lower test

· Flow and buildup test results suggest an AOF natural gas rate of 92 MMcf/d at the sandface.

· Final 24-hour extended flow test rate, limited by the capacity of surface test equipment, averaged 5,157 boe/d, 87% natural gas, at a final sandface drawdown of 12%. Pressure data suggests that the well was still cleaning up at the end of the extended test period.

· CGR was 26 bbls/MMcf of 55° API condensate during the extended flow test.

Pro, I don't think we should compare the initial upcoming test with the one you quote which is not the initial test number, IF we shall compare to begin with. If you or anyone else are going to compare to the AOF number with the initial restricted flow number first released you will be disappointed for sure as they are two different things.
The initial flow test will be restricted due to equipment just like before and only later can they calculate for an AOF number to be subsequently thrown out for us.
We do not want people to look out for a 92mmcf/d number in the first test NR out, I'm certain of.

Highlights

- Cascadura-1ST1 production testing commenced on
, with the first stage testing the lower most 162 feet of a total of 777 feet of identified pay in the Herrera formation.
Average flowback rate during the final 14-hour test period was 5,180 barrels of oil equivalent per day ("boe/d"), including 27.1 million cubic feet per day ("MMcf/d") of natural gas and 660 barrels per day ("bbls/d") of natural gas liquids.
Peak flowback rate of, 5,428 boe/including 28.0 MMcf/d of natural gas and 760 bbls/d of natural gas liquids.
A total of 27.3 million cubic feet of gas (4,550 barrels of oil equivalent) and 630 barrels of natural gas liquids were produced during the testing period.
Field analysis indicated liquids rich gas with no hydrogen sulfide and no produced water.
The well is expected to be shut-in for a two-week pressure build-up test, following which we anticipate completing and testing an additional 450 feet of identified pay.