Touchstone Exploration (LSE:TXP) reported progress across its WD-4, Ortoire and Central blocks in Trinidad and Tobago, with group production averaging approximately 4,400 barrels of oil equivalent per day during July and August 2026.
At WD-4, the company is progressing a two-well drilling programme. Under the arrangement for the second well, the contractor is covering the turnkey drilling costs.
Cascadura Operations and Gas Sales
At the Cascadura field, Touchstone carried out solvent treatments and reported improved compressor uptime as part of its efforts to optimise gas and liquids production.
The company is also changing the commercial arrangements for some of its Central block production. Condensate pricing has moved to a Brent-linked basis, while Central block natural gas volumes are being redirected to higher-priced Atlantic LNG contracts.
CR-3 Well to Target Karamat Sands
Touchstone is modifying its plans for the CR-3 well following performance below the company’s expectations. The well will be reconfigured to target the Karamat sands as the company evaluates additional production opportunities.
Touchstone is an upstream oil and gas company headquartered in Calgary, Canada, with operations focused primarily on onshore petroleum and natural gas assets in Trinidad and Tobago.
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