Oil price gains as demand continues to rise

The Canadian energy company operating in T&T, Touchstone Exploration, in an operational update, said the Cascadura-3ST1 well has been cased and production testing is scheduled to commence in the third quarter of 2024, directly into the

Trinidad-focused energy company Touchstone Exploration reported average net sales volumes of 7,015 barrels of oil-equivalent per day (boe/d) in the first quarter of 2024.  It said Cascadura contributed average net sales volumes of 5,389 boe/d. This

Touchstone Exploration Inc. has drilled wells into Ortoire and CO-1 blocks onshore Trinidad and Tobago and expects to test wells in Cascadura field later in the year. Cascadura-3ST1 delineation well was spudded on Mar. 4, 2024,

Natural Gas (XNG/USD) price soars higher on Tuesday after a stellar performance on Monday, trading up nearly 3% for the week. The move comes as Bloomberg forecasts a decline in Gas supply by 4% in the coming weeks

Touchstone Exploration Inc reported that its average quarterly production increased by 151% to 8,504 barrels of oil equivalent per day (boe/d) in the last quarter of last year compared to the previous quarter. This increase, Touchstone

Touchstone Exploration Inc. has released its financial and operating results for the three months and year ended December 31, 2023. The company reported significant achievements and milestones in its annual performance.  In the fourth quarter of

Natural gas futures pulled back from early highs, still ending the week’s opening session with a gain as near-term cold weather that could prevent surpluses in natural gas inventories from widening further offered some support. U.S.

The Trinidad-focused Touchstone Exploration has commenced drilling the Cascadura-3 and the CO-374 development wells, it said in a March 4 update. Cascadura-3 was spud on March 1 from the Cascadura C surface location on the Ortoire

The Canadian energy company operating in T&T, Touchstone Exploration, has entered into an agreement with its existing Trinidad-based lender for an increase in borrowing capacity by US$13 million. A statement from the company yesterday said the

Touchstone Exploration, through its Trinidadian subsidiary, has secured a significant financial boost, underlining its commitment to expanding operations and exploration activities. This strategic move involves an increase in borrowing capacity of $13 million, facilitated by an

Global liquefied natural gas (LNG) demand will grow in 2024 with top buyer China back in the market and consumption in Europe rising, a TotalEnergies TTEF.PA executive said on Wednesday. “LNG has continued to grow, with China being

Touchstone Exploration Inc, a leading player in the energy sector, has made a robust start to the year with its Cascadura-2 well in Trinidad. The well was drilled to a depth of 7,132 feet, halting ahead

Touchstone Exploration has made a significant oil and gas find at its onshore Cascadura-2 exploration well in Trinidad and Tobago, the Canadian E&P player announced on Thursday. The well was drilled on Tuesday to a total depth

Canadian oil and gas drilling company Touchstone Exploration says it has made a great start to the year with the discovery of natural gas in the Cascadura-2 field. In a media release on Thursday, Touchstone said