Ecopetrol logs results in near-field exploration efforts

BOGOTA - Ecopetrol reports that the Flamencos-1 well, located in Puerto Wilches, confirmed presence of crude oil in the La Paz formation.

“This finding is part of the near-field exploration strategy” to reduce the amount of time it takes to produce proven reservoirs, said Felipe Bayón, president of Ecopetrol.

The well is within the Agreement of Exploitation Magdalena Medio, in which the company has 100% participation The well, operated by Ecopetrol, reached a total depth of 8,561 feet and found the La Paz formation between 7,465 and 8,263 feet.

During the initial tests 52 feet of base sand are opened for production of the formation, where there was an accumulated of 2,413 bbl of 30º API oil and recorded an average daily flow of up to 600 barrels of oil, with a cut of water less than 1%.

The production unit is the same as the Cantagallo and Las Garzas fields, and the proximity from Flamencos to these receiving stations and to the Barrancabermeja refinery They generate a competitive and operational advantage.