The Cretaceous Play Exploration Overview
Exploration in the ROC*, 1970-Present: Summary
Since 1970, where has exploration worked?
·
•
.
Trinidad - Onshore (Carapal Ridge);
Offshore: north (West Tobago) and east
coast offshore
Colombia Chuchupa, Ballena Fields
• Venezuela - Paria (Gulf and offshore
northern peninsula), Plataforma Deltana,
Gulf of Venezuela (Perla)
⚫ Cuba northern coastal zone
•
•
Barbados - Woodbourne extensions.
•Belize - Spanish Lookout
Since 1970, where has it failed?
Most of the Caribbean region
Why? What Prevents Success?
•
Wrong geologic concept (play risk)
• Old/poor technology or application of
•
technology, lack of key data
Economics/price environment
• Politics
.
• Exploration philosophy
Cretaceous
W
Summary Thoughts
PanAtlantic
*Rest of the Caribbean
Non-commercial hydrocarbons
Commercial hydrocarbons
The Neogene section in Trinidad has worked well
• The older rocks (Paleogene and Cretaceous) have
not worked well
•
Incomplete play risk assessments have been the
basis for some poor exploration decisionsView entire presentation