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Thursday, March 28, 2013

Colombia, GeoPark adds oil wells on Llanos blocks


GeoPark Holdings Ltd. has drilled, completed, and placed on production oil development wells on two operated blocks in Colombia’s Llanos basin.

The Max-2 well in Max oil field on the Llanos 34 block made 1,532 b/d of 13.7° gravity oil with less than 1% water cut with 70 psi wellhead pressure on a 19-mm choke on test with an electric submersible pump from the Guadalupe formation. 

More tests are needed to determine stabilized flow rates and reservoir extent. 

Total depth is 3,312 m.

Max oil field was discovered in 2012 with the Max-1 well, which is producing 1,031 b/d of oil.

The La Cuerva CH NE-1 well in La Cuerva oil field on the La Cuerva block produced 440 b/d of 20.8° gravity oil with a 14% water cut with 100 psi wellhead pressure through an 8.7-mm choke on ESP from the Carbonera C5 formation at 1,175 m. 

More tests are needed to learn stabilized flow rates and reservoir extent. 

Total depth is 1,279 m.

GeoPark has a 45% working interest in Llanos 34 and a 100% working interest in La Cuerva.

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