bp Trinidad and To­ba­go has sanc­tioned the Gin­ger gas de­vel­op­ment while achiev­ing ex­plo­ration suc­cess at its Frangi­pani well.

In a state­ment on Thurs­day morn­ing, bpTT said tak­ing FID on Gin­ger and dis­cov­er­ing gas at Frangi­pani are the lat­est demon­stra­tions of up­stream ac­tiv­i­ty this year for bp, in line with its strat­e­gy to grow its oil and gas busi­ness.

Gin­ger will be­come bpTT’s fourth sub­sea project and will in­clude four sub­sea wells and sub­sea trees tied back to bpTT’s ex­ist­ing Ma­hogany B plat­form. First gas from the project is ex­pect­ed in 2027 and will make up one of bp’s ten ma­jor projects ex­pect­ed to start up be­tween 2025 and 2027. At peak, the de­vel­op­ment is ex­pect­ed to have the ca­pac­i­ty to pro­duce av­er­age gas pro­duc­tion of 62,000 bar­rels of oil equiv­a­lent per day.

Gin­ger is lo­cat­ed ap­prox­i­mate­ly 50 miles off Trinidad’s south­east coast in wa­ter depths of less than 300 feet. Drilling on the first well be­gan in Jan­u­ary and is ex­pect­ed to re­sume in Q4 of this year. Frangi­pani is lo­cat­ed east of the ex­ist­ing Ma­hogany field, ap­prox­i­mate­ly 50 miles off the south­east coast.

The Gin­ger de­vel­op­ment, as well as bpTT’s Cypre gas project, sched­uled to start up in 2025, are part of bpTT’s strat­e­gy of max­i­miz­ing pro­duc­tion from ex­ist­ing acreage, de­vel­op­ing cap­i­tal-ef­fi­cient projects that tie in­to ex­ist­ing in­fra­struc­ture. The project meets bp's ex­pect­ed re­turns from up­stream projects and is ful­ly ac­com­mo­dat­ed with­in bp’s cap­i­tal ex­pen­di­ture plans.

Drilling at the Frangi­pani ex­plo­ration well iden­ti­fied mul­ti­ple stacked gas reser­voirs with­in the same ge­o­log­i­cal struc­ture. Op­tions are cur­rent­ly be­ing eval­u­at­ed to move the dis­cov­ery for­ward at pace. bp Trinidad and To­ba­go has a 100 per­cent work­ing in­ter­est in both Gin­ger and Frangi­pani.

bpTT pres­i­dent David Camp­bell said: “I am very proud to an­nounce these two mile­stones. With Frangi­pani, our ob­jec­tive was to prove that our con­tin­ued progress in ex­plo­ration and ap­praisal ac­tiv­i­ty could un­lock new fields and in­vest­ment op­por­tu­ni­ties for the re­gion. And the sanc­tion of Gin­ger rep­re­sents our com­mit­ment to con­tin­u­ing the de­vel­op­ment of re­sources in our ex­ist­ing acreage and to pro­duc­ing the gas that Trinidad and To­ba­go – and the world – needs.”