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From the Field

Independents in Colombia E&P hits

BOGOTA, April 20, 2017 – Latin America-focused E&P company Amerisur announced on Thursday that it had begun production at its Platanillo-22 well in the Platanillo block, currently testing at 613 barrels of oil per day – higher than expected.

Drilling on a further well, Platanillo-21, is expected to begin soon. Oil from the field is transported via the OBA pipeline linking Colombia with Ecuador.

The London-listed company also announced it had scaled up its proved reserves estimate for the field, where it is sole owner and operator, from 1.4 million barrels to 7.8 million barrels.

 

“The important discovery that the oil water contact is deeper than the main field is very good news indeed, and we look forward to confirming the magnitude of the increase in reserves this creates as operations continue,” Amerisur CEO John Wardle said.

“This result will lead us to drill further wells from Pad 2N than previously envisaged, and we are currently planning the drilling of a third well from Pad 2N.”

Also on Thursday, Norwegian E&P independent Interoil confirmed it struck oil with its Turaco-1 well in the C7 formation onshore Colombia, in its Altair exploration permit. The upper section (1,750-1,751 metres MD) of the C7 formation contains oil, while the lower section (1,803-1,804 metres MD) produced water alone.

The well is now being tested via slickline to assess its commercial potential and plans for possible development. Interoil and its Colombian farm-in partner SLS Energy are now preparing to drill the Vikingo-1 well in the same licence area, part of a four-well plan.

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