Asset Report

Heritage Offshore Area

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This analysis covers Heritage Petroleum offshore assets (also known as the Soldado Area), which are operated by Heritage Petroleum Company Offshore. The assets are located in the shallow waters off the southwestern coast of Trinidad.Most of the assets are very mature, and production is in decline. However, there is significant resource remaining to be exploited, in the form of under-developed reserves that were considered non-commercial in the past, particularly in Soldado SW. Exploiting ...

Table of contents

  • Summary
    • Upside potential...
    • ...but plenty of challenges too
  • History
  • Regional setting
  • Reservoir
  • Hydrocarbon quality
  • The Jubilee discovery
    • Operations
  • Capital costs
  • Operating costs
  • Oil
  • Gas
  • 1 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Field Hydrocarbon Characteristics
  • Reserves (2P) at 01/01/2026
  • Contingent Resources (2C) at 01/01/2026
  • Production (2015-2024)
  • Production Profile
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • 6 more item(s)...

What's included

This report contains:

  • Document

    Heritage Offshore Area

    XLS 664.00 KB

  • Document

    Heritage Offshore Area

    PDF 2.76 MB