Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

BPZ Gets Go-Ahead for Extended Well Testing in Peru

change text size

BPZ Resources received approval from the Hydrocarbons General Bureau to continue to perform an extended well test on five oil wells in the Corvina field until first commercial production, which is scheduled to come online on May 31, 2010. In its approval, the Bureau set a specific limit on the amount of natural gas flaring from each of the first five wells, so BPZ expects it will have to limit its oil production in order to comply with the limits. The actual future decrease in production is unknown, but the company estimates the decrease could be as much as 400 to 800 bopd. The Corvina field is situated in the offshore Block Z-1 in northwest Peru, which BPZ Resources wholly owns and operates.

continue reading about the Corvina field on SubseaIQ

continue reading the full article


Most Popular Articles
From the Career Center
Jobs that may interest you
Senior Controls Engineer
Expertise: Electrical Engineering, Subsea Engineering
Location: Houston, TX
 
Product Manager - Subsea Tree Systems
Expertise: Mechanical Engineering, Subsea Engineering
Location: Houston, TX
 
Drilling Engineer
Expertise: Drilling Engineering, Petroleum Engineering
Location: Houston, TX
 
search for more jobs