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.
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Most Popular Articles
From the Career Center
Jobs that may interest you