Article: Texaco and BG Announce Starfish-1X Gas Discovery Offshore Trinidad.

HOUSTON--(BUSINESS WIRE)--Dec. 2, 1998--Texaco (NYSE:TX) and BG plc today announced a natural gas discovery on Blocks E and 5a in the East Coast Marine Area, offshore Trinidad.

The discovery well, Starfish-1X, was drilled in a water depth of 427 feet and is located 7.5 miles northwest of the Dolphin Field. Starfish-1X encountered 501 feet of net gas pay in four zones. The well tested at an intentionally constrained rate of 16.2 million cubic feet of gas per day (MMCFPD) on a 32/64-inch choke from the upper zone.

Frank Chapman, BG plc Executive Director responsible for Exploration and Production, said, "This continues our successful exploration campaign ...

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