The well has a planned depth of 3,000ft, primarily targeting the Gros Morne sandstones formation, the top of which will be met at 2,150ft.
Upon completion of drilling, LGO will prepare the four wells for the arrival of the completions rig before the rig moves to a third drill site.
The third site is currently estimated to house four new wells from six to nine of the 30 well program.
LGO chief executive Neil Ritson said: "As we become more familiar with the geology and sub-surface conditions the drilling of wells at Goudron is becoming progressively more routine.
"The results we have obtained, in terms of oil pay and reservoir pressure, have however exceeded our pre-drill expectations and we are now firmly expecting excellent production performance from the wells on this first pad."
LGO’s Trinidad operations include four main assets, the Goudron field IPSC, the Icacos oilfield, the Moruga North leases and the Cedros Peninsular leases.
