Morne Diablo

Oil workers at Range Resources Morne Diablo, Trinidad, operations. Photo courtesy Range Resources

RANGE Resources, an international company with oil and gas projects and oilfield service businesses in Trinidad and Tobago, says in its annual report for the 12 months ending June 30, that its focus continues to be on low-cost production activities, as well as completion of infrastructure modernisation.

In its Beach Marcelle licence and new exploration studies on the St Mary’s licence, Range reckons that it has net proved and probable reserves of 15 MMbbl and net contingent resources of 12.9 MMboe, largely unchanged from financial year 2018.

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