Ecopetrol, Oxy to Drill 90 New Wells at La Cira
Colombia's state oil firm Ecopetrol and the local Occidental Andina unit of US oil company Occidental (NYSE: OXY) plan to drill 90 new wells at the La Cira Infantas field in Santander department in 2007.
The new wells are part of a third phase that also includes 150 workovers, Ecopetrol said in a statement.
"This year we drilled 30 wells and more than 240 workovers. The positive results allowed us to take the decision together with Occidental to begin the third phase," Ecopetrol executive Roberto Diaz Coral said.
La Cira Infantas was discovered in the early 1900s and its maximum production reached close to 60,000b/d in the 1940s. Current output is 8,000b/d.
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.
Operates 1 Offshore Rigs
- Ex-Occidental Chief in $2.66B Deal for EnerVest Shale (Mar 20)
- What Women Really Want on the Job? Ask Big Oil's Only Female CEO (Feb 23)
- Media: Cleanup Underway After Centurion Pipeline Oil Spill In Oklahoma (Feb 19)
Company: Ecopetrol more info
- US FERC Allows ETP Rover Natgas Pipe to Recommence Ohio Drill (Feb 06)
- Colombia's Ecopetrol Names New CEO, Echeverry Resigns (Aug 17)
- Colombia's Ecopetrol Rubiales Oil Output Hit By Protests (Jun 27)