Loran–Manatee gas field

Loran–Manatee
Country	Venezuela/Trinidad and Tobago
Region	Atlantic Ocean
Offshore/onshore	offshore
Operator	PDVSA/Chevron Corporation
Field history
Discovery	1983
Start of production	2013
Production
Current production of gas	21.4×10^^6 m^3/d 750×10^^6 cu ft/d 7.62×10^^9 m^3/a (269×10^^9 cu ft/a)
Estimated gas in place	293×10^^9 m^3 10.25×10^^12 cu ft

The Loran–Manatee gas field natural gas field is located on the continental shelf of the Atlantic Ocean. It was discovered in 1983 and developed by PDVSA. It began production in 2013 and produces natural gas and condensates. The total proven reserves of the Loran–Manatee gas field are around 10.25 trillion cubic feet (293 km³), and production is slated to be around 750 million cubic feet/day (21,4×10⁶m³) in 2018.^[1]

According to a 2013 agreement, Venezuela owns 73.75% of the joint field and Trinidad and Tobago own the remaining 26.25%.^[2]

Trinidad and Tobago originally planned to develop the gas field in cooperation with the Venezuelan PDVSA, but in 2020 Prime Minister Keith Rowley announced that Trinidad and Tobago would develop the field independently, citing U.S. sanctions against Venezuelan companies.^[2]

References

1. "Why Trinidad & Tobago is optimistic about future gas supply". news.co.tt. 2014-03-16. Retrieved 2014-05-01.
2. Hutchinson-Jafar, Linda; Cohen, Luc; Eschenbacher, Stefanie (February 3, 2020). "Trinidad cancels gas deal over U.S. sanctions on state-run Venezuelan company". Reuters.

• Loftus, Suzanne; Bagley, Bruce; Moulioukova, Dina; Kassab, Hanna S. (15 October 2018). After the Fall: Energy Security, Sustainable Development, and the Environment. Rowman & Littlefield. pp. 13–14. ISBN 978-1-4985-8662-7. Retrieved 2 February 2024.
• Bryan, Anthony T. (March 2021). "The Southern Caribbean Energy Matrix and the Consequences of the Regional Push for Renewable Energy (Working Paper No.2)" (PDF). Kimberly Green Latin American and Caribbean Center at Florida International University. pp. 10–11. Retrieved 2 February 2024.
• Bryan, Anthony (2021). Clegg, Peter; Mahon, Robin; Oxenford, Hazel A. (eds.). The Caribbean Blue Economy. London: Routledge. pp. 179–180. ISBN 978-0367263676. Retrieved 2 February 2024.
• "Shell Green Lights Investment in Manatee Development Off Trinidad". Journal of Petroleum Technology. Society of Petroleum Engineers. 1 October 2023. Retrieved 2 February 2024.
• "Manatee field one step closer to final decision". The Trinidad and Tobago Guardian. 29 November 2023. Retrieved 2 February 2024.
• Wright, Blake (28 March 2023). "McDermott Makes Splash With Manatee FEED". Journal of Petroleum Technology. Society of Petroleum Engineers. Retrieved 2 February 2024.