Touchstone targets growth with Trinidad gas and deeper drilling

Touchstone Exploration Inc

Touchstone Exploration is stepping up its activities in Trinidad and Tobago with an eye on both near-term production gains and longer-term resource growth. Following a successful gas find at the Carapal Ridge-3 well and plans for deeper drilling into Cretaceous prospects, the company is positioning itself for potentially material shifts in its reserve base and operational scale.

Carapal Ridge-3, drilled on the Central Block, marks Touchstone’s first development well on that acreage in nearly two decades. Reaching a depth of 8,200 feet, the well encountered gas-bearing zones within the Herrera formation and revealed a second set of gas-charged sands in the shallower Karamat formation. These results support the current testing and completion activities, with tie-in to the block’s gas processing facilities expected by the end of the first quarter. The additional Karamat interval is now being assessed as a distinct development target.

Touchstone acquired the Central Block in mid-2025 and quickly moved forward with subsurface evaluation, leading to the CR-3 drilling decision. The well is one of several opportunities under review, as the company integrates learnings from this campaign into future development plans across its acreage.

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Touchstone Exploration moves ahead with Trinidad drilling and production plans

Touchstone Exploration is advancing drilling, well work and production optimisation across Trinidad, with several key operational results expected during the rest of 2026.

Touchstone Exploration sets up key Trinidad drilling and workover programme

Touchstone Exploration is advancing WD-4 drilling, Cascadura optimisation and Central block work as several near-term operational milestones approach.

Touchstone Exploration: Paul Baay targets new production as Cascadura optimisation gathers momentum (video)

Touchstone Exploration is entering a fresh operational phase, with two WD-4 wells targeting up to 200 barrels per day of combined production and further optimisation work under way at Cascadura.

Touchstone advances WD-4 drilling and Cascadura optimization in Trinidad

Touchstone Exploration has mobilized a rig for a two-well WD-4 drilling campaign, reported promising production gains from Cascadura optimization work, and outlined further workovers and recompletions planned for October 2026. Net production averaged 4,392 boe/d in August.

Touchstone CEO Paul Baay joins high-level Venezuela energy summit

Touchstone Exploration CEO Paul Baay will join senior energy industry participants at the Venezuela International Oil & Gas Summit in Caracas in September 2026.

Touchstone Exploration targets near-term production growth from Cascadura and Central Block

Touchstone Exploration is targeting higher near-term production from Cascadura and the Central Block as it advances existing assets in Trinidad and Tobago.

Search