Tuesday, January 23, 2018

Roget: Petrotrin shutting down good oil wells

Oilfields Workers' Trade Union (OWTU) president general Ancel Roget has accused State oil firm Petrotrin of working with Government to shut down producing oil wells located along the proposed path of the Solomon Hochoy Highway extension to Point Fortin.

Roget said more than 65 wells were being capped to facilitate development in the Penal area.

Speaking at a meeting with Petrotrin workers outside the company's Pointe-a-Pierre refinery yesterday Roget said, "They are reducing our ability to produce by putting down these complex in areas where you have productive wells. They want to run that highway in the pathway of productive wells which will cut the company's production."

Roget said a survey showed the wells could be reactivated to add to the company's crude oil production.

"Management claims that these wells are not producing ... so it just so happen that a highway that is passing through a producing field pass through some 65-plus non-producing wells? So right where you passing the highway, magically, those wells are not producing? A survey was done and those wells can be reactivated and made to produce to add to the company's crude oil production."

Roget challenged the oil company to explain why it was capping the wells to make way for major projects including a judicial complex, university and highway.

Petrotrin president Khalid Hassanali said in December only 46 barrels of oil a day would be lost if the company capped 39 wells to facilitate the $7.5 billion highway project.

The capping of the wells is being undertaken at a cost of $60 million.