Ecopetrol Finds Hydrocarbons at Cusuco Well
Ecopetrol S.A. announced that it has proven the presence of hydrocarbons at Cusuco 1, an exploratory well located within the municipality of San Carlos de Guaroa, Meta Province, Colombia.
Cusuco 1 is part of the CPO-10 Exploration and Production Agreement of December 18, 2008 between Ecopetrol and the National Hydrocarbons Agency. Ecopetrol holds 100 percent interest in this block.
Initial tests carried out on the Cusuco 1 well, using an artificial lift system, yielded an average crude oil production of 140 barrels of oil per day of 13.8 degree API and a water cut of 4 percent. Ecopetrol will keep on running extensive testing in the coming weeks.
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