STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
70
SUSTAINING GROWTH, SECURING PROSPERITY
PROGRAMMES
ESTIMATED
TOTAL COST OF
PROGRAMME
TT$ million
ACTUAL
EXPENDITURE
TT$ million
PROJECTED
EXPENDITURE
TT$ million
DETAILS OF PROGRAMMES FOR 2014
OCT. 2011 TO
SEPT. 2012
OCT 2012 TO
MARCH 2013
APRIL TO
SEPT 2013
OCT 2013 TO
SEPT 2014
NRTs – Land
13.20
0.00
3.50
8.50
15.00
For fiscal 2013, $13.2 million was
projected to undertake 22 NRTs in land
acreage. As at March 2013, 12 workovers
were completed at a cost of $3.5 million,
2 of which were suspended. For fiscal
2014, $15.0 million if projected towards
the Land NRT workover programme to
perforate new sands in existing wells.
Side Tracks –
Land
24.00
0.50
9.70
20.30
30.00
For fiscal 2013, $24.0 million is provided
to undertake 6 side track wells in Land
acreage. The estimate was revised in
2013 to $30.0million. As at March 2013,
3 wells were completed at a cost of $9.7
million. An estimate of $30.0 million is
projected for fiscal 2014.
New Reserves
Type Workovers
– Trinmar
46.90
0.00
1.70
45.20
45.00
For fiscal 2013, $16.0 million was
projected to undertake five (5) NRTs
in Trinmar acreage. This was revised
to $46.9 million in 2013, 1 workover
was undertaken. For fiscal 2014, $45.0
million is projected for TRINMAR’s
workover programme to perforate new
sands in existing wells.
Well
Conversions
Trinmar
60.00
0.00
0.00
60.00
60.00
For fiscal 2013, $25.0 million was
allocated to convert 13 wells from
the current form of artificial lift to a
more efficient form of artificial lift. The
estimate was revised to $60.0 million
in 2013; however, no conversions were
undertaken to date. For fiscal 2014,
$60.0 million is projected towards this
conversion programme.
