Canacol Energy makes new natural gas discovery in Colombia

March 28, 2024

(WO) – Canacol Energy Ltd. has made a new natural gas discovery in Colombia.

Jobo gas treatment facility (Source: Canacol Energy)

The Pomelo 1 exploration well, located on the 100% operated VIM-21 Exploration and Production (“E&P”) contract, was spud on Feb. 19, 2024, and reached a total depth of 12,276 ft measured depth on March 3, 2024. The well encountered 96 ft true vertical depth of net gas pay with average porosity of 21% within the primary Cienaga de Oro (“CDO”) sandstone reservoir.

The CDO reservoir was perforated over a 48-ft interval and was tied into the existing flowline to the Betania substation. The well is producing with a downhole gauge into the Jobo gas treatment facility.

The well started at a production rate of 4 MMcfd for 6 hours at a choke 21/128”. The rate was subsequently increased to 6 MMcfd and 8 MMcfpd for 6 hours and 24 hours, respectively. The well was tested at a rate of up to 10 MMcfpd at choke of 30/128” and is now producing into the Jobo gas treatment plant at a controlled rate of 8 MMcfpd.

The corporation is currently mobilizing the rig to drill the Chontaduro 1 exploration well approximately 3 km to the north of Pomelo discovery. The Chontaduro 1 well is targeting the CDO sandstone reservoir, with a secondary uphole target within the Porquero sandstone reservoir, both of which are productive in the area. Chontaduro 1 will spud prior to the first week of April 2024, and will take approximately 3 weeks to drill and complete.

Canacol is a natural gas exploration and production company with operations focused in Colombia.

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