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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. 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. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).


TSX:TXP - Post by User

Post by Proseleneson Aug 22, 2023 7:49pm
290 Views
Post# 35600928

Cascadura flows - initial and best case

Cascadura flows - initial and best case
Got asked by PM why the existing Casca wells will be bought on slowly, as it seems the Discord group have no clue and going down rabbit holes.

Cascadura ST1 the well bore was damaged by the drilling mud, same in Deep-1. Both well bores need time on production to hopefully clean up.

ST-1 and Deep-1 both have 55 million per day seperators on them.

Both wells will be bought on slowely due to them wanting to clean the well bores up.

ST-1 is capable - they believe of up 55 million per day when fully cleaned up.

Deep-1 is capable - they believe of up 55 million per day when fully cleaned up.

This is why only 2 weels at C - Cascadura C1 and C2 are planned - as they hope these 4 wells when at full flow can max out the 200 million per day capacity (absolute best case is 55+55+55+55 = 220 million per day A+C.....but dont bet anything on it)


HOWEVER.......they will not go full open flow to start with and will gradually be ramped up.

Its very likely that after an initial low flowing rate, they will be ramped up in steps to 45 million per day........so 90 million is the Casc-A target and then another 90 million the Casc-C target - with upside to go 100 million each site.

The initial "online" RNS will likely be low flow, maybe 20 to 25 million per day, and then its get ramped up from there over time as they monitor pressure/flow and how the well bores are cleaning up.
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