Heritage Petroleum is undertaking an aggressive programme to increase oil production from its existing fields.

Minister of Energy and Energy Industries, Dr Roodal Moonilal, gave confirmation as he outlined the Government’s plan to increase Trinidad and Tobago’s oil production figures at the Society of Petroleum Engineers of Trinidad and Tobago’s Mature Basins Energy Symposium on Wednesday.

“After years of decline, the outlook for the period 2027 to 2029 shows meaningful recovery. On a fiscal year basis, forecasted production is projected to increase from 57,300 barrels of oil per day in 2026 to approximately 62,100 barrels per day in fiscal year 2027. This we project to climb to 74,600 barrels per day in fiscal 2029.”