Ecopetrol Announces Discovery in the Middle Magdalena

abarrelfullabarrelfull wrote on 07 Sep 2012 21:42
Tags: colombia ecopetrol s-america upstream

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Ecopetrol SA nforma the discovery of crude oil in the Howler-1 exploration well, located in the department of Santander, 27 kilometers from the town of Sabana de Torres. This well is part of the Exploration and Production Agreement Playon, signed between Ecopetrol and the National Hydrocarbons Agency (ANH) on April 24, 2008.

The drilling of this well reached a total depth of 11,393 feet. The tests resulted in an average production of 300 barrels of oil per day (bpd) of 24 degrees API, obtained by natural flow. The well has a low water cut and sediments (BSW) of 0.1% and a gas / oil ratio (GOR) of 200.

In the coming months will be made ​​extensive tests to determine the potential of the discovery.

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