The Energy Ministry says the recent gas findings by Perenco T&T is “a very positive development” for the local sector.

Yesterday, the company announced the discovery of “significant columns of natural gas” in the Onyx field, which is located between the Poui and Teak fields, off Trinidad’s south-east coast.

This field is operated by Perenco with a 70% working interest.

The Ministry says appraisal drilling for the field began on January 17th 2025 with the drilling of an appraisal well and its planned sidetrack to define resource volumes in the East and Far East panels of the Onyx Field.

It says during the drilling of both wells, all intervals of interest were penetrated, with significantly thick gas bearing sands encountered.

Subsurface data was collected from both and are currently being used to refine geological and reservoir models with the ultimate aim of the defining the in-place volumes.

According to the Ministry, the next steps involve evaluation of the findings by Perenco to guide future development considerations which will be discussed collaboratively.