Petrobras Finds Gas at Orca-1 Well in Colombia's Offshore Tayrona Block

Petroleo Brasileiro S.A. (Petrobras) announced Tuesday the discovery of natural gas accumulation at Orca-1 exploratory well in Tayrona Block in Colombian Caribbean deepwaters, 24.9 miles (40 kilometers) off the coast of La Guajira. Petrobras is the operator and holds 40 percent interest, in partnership with Ecopetrol (30 percent) and Repsol (30 percent).

The well drilling ended in September, reaching 13,910 feet (4,240 meters) and 2,211 feet (674 meters) of water depth. The natural gas accumulation was confirmed at 11,811 feet (3,600 meters) and represents the first discovery in the history of exploratory research at Colombian Caribbean deep waters. Petrobras will carry on the scheduled operations, in order to evaluate such discovery.

The Performance at the Colombian Caribbean

Petrobras, in partnership with Ecopetrol, was the pioneer at the Tayrona block when, in 2004, the first agreement granted by the Colombia's National Hydrocarbons Agency - ANH - for deepwaters exploration at Colombian Caribbean was celebrated.

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