document: Local sources reported that BHP spudded on 21 August 2019 the well Boom 1, TTDAA 14 Block in the Trinidad Basin using the Transocean Deepwater Invictus drillship. The main objective is the Miocene Turbidite Sandstones, with proposed total depth (PTD) of 4,450 m (14,600 ft) in 2,207 m (7,242 ft) water depth. Transocean Deepwater Invictus will remain in Trinidad and Tobago until March 2020. The interest holders are BHP with 70% and the remaining 30% with BP TT.    Block TTDAA      14, Bongos 2 was a part of the second phase objective. Hi Hat 1 NFW is      assumed is the appraisal well for Bongos 2 â it was plugged and abandoned      (P&A) with hydrocarbons encountered.         On 17 April 2014, local sources confirmed that BP farmed out a majority interest to BHP Billiton in deep-water blocks TTDAA 14 and 23(a). BP on 25 July 2011 reported that it was awarded two deep-water exploration and production blocks in Trinidad and Tobago, doubling the companyâs acreage holdings in the country. BP was awarded a 100% interest in the blocks 23 (a) and TTDAA 14, both of which are in deep-water frontier acreage of Trinidadâs eastern coast. The contracts were awarded as production sharing contracts. Block 23(a) is located about 300 km NE of BPâs Galeota Point operations base. The block covers 2,600 sq km in water depths averaging 2,000m.    On 12 June 2013, the Trinidad and Tobago Minister of Energy and Energy Affairs announced that four PSCâs were executed with BHP Billiton for deepwater blocks TTDAA 5, TTDAA 6, TTDAA 28 and TTDAA 29. The BHP applications for the blocks which were on offer during the 2012 Deepwater competitive Bid Round were accepted on 30 November 2012. The minister mentioned that BHP is committed to spend approximately USD 565 million for the first exploration phase and a further USD 459 million over optional phases. The minimum work program commitment involves the acquisition of approximately 5,330 sq km of 3D seismic and the drilling of six deepwater exploration wells. BG announced in June 2014 that it had farmed in the block taking 35% interest. Currently, the interest holders in the block are the operator BHP with 65% and BG holds the remaining 35%.
summary: Boom 1 appr. (BHP op. 70%, BP 30%) in block TTDAA 14, target Miocene turbidites. P&A with unreported result. WD =2207m, PTD was 4450m.