Lower Magdalena Valley Discovery Hits 179-ft Reservoir in Colombia
Drilling Activity Details
,
Colombia
Drilling Activity Summary
Description
Fronterra Resources announced a Lower Magdalena Valley discovery in Colombia in the VIM-1 Block. Exploration well #1-La Belleza was drilled to 11,680 ft and encountered 179 ft of potential hydrocarbon bearing reservoir in Cienaga De Oro. It was tested flowing 2.696 Mbbl of oil, 11.8 MMcf of gas per day with an average water cut of 10%. The initial shut-in wellhead pressure was 4,700 psi. The test was limited by the on-location facilities. Bottomhole flowing pressures were at approximately 6,000 psi. The partners (Fronterra and Parex) are evaluating options to drill additional delineation wells in 2020 from the existing La Belleza well pad. Parex began drilling another exploration well in the nearby Guama Block at #1-Asai and is targeting oil and gas in Porquero at approximately 12,000 ft. Fronterra and Parex are both based in Calgary.
Fronterra Resources announced a Lower Magdalena Valley discovery in Colombia in the VIM-1 Block. Exploration well #1-La Belleza was drilled to 11,680 ft and encountered 179 ft of potential hydrocarbon bearing reservoir in Cienaga De Oro. It was tested flowing 2.696 Mbbl of oil, 11.8 MMcf of gas per day with an average water cut of 10%. The initial shut-in wellhead pressure was 4,700 psi. The test was limited by the on-location facilities. Bottomhole flowing pressures were at approximately 6,000 psi. The partners (Fronterra and Parex) are evaluating options to drill additional delineation wells in 2020 from the existing La Belleza well pad. Parex began drilling another exploration well in the nearby Guama Block at #1-Asai and is targeting oil and gas in Porquero at approximately 12,000 ft. Fronterra and Parex are both based in Calgary.