Emerald Energy Q1 Output Down to 3,508b/d

UK hydrocarbons company Emerald Energy produced 3,508b/d in Colombia in the first quarter this year, down from 3,586b/d 4Q06, the company said in a statement.

April production, however, increased to 3,821b/d "following a number of successful well intervention operations during the first quarter," the company said, citing work in the Campo Rico and Vigia fields.

"We are very pleased with the enhanced production in Colombia following workover activities and look forward to additional production from the latest Campo Rico development well," company CEO Angus MacAskill said.

Emerald Energy has seven properties in Colombia, including Maranta, Ombu, Helen and Jacaranda, which it has won in the last year.

The company is planning seismic acquisitions for 3Q07 in time for drilling by 2008.

Visit BNamericas to access our real-time news reports, 10-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.


Our Privacy Pledge

Most Popular Articles
Related Articles

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours