Petrolifera Wraps Up Long Term Test in Colombia
Petrolifera has concluded the flowing phase of a long term test of its Brillante SE-1X well in its 100%-owned Sierra Nevada License, Colombia. The 21-day extended flow test of the upper portion of the Cienaga de Oro ("CDO") reservoir was completed at 0630 hrs on Saturday, September 18th. Total recovery during the test equaled the government permitted volumes of 66 MMSCF of natural gas, 284 barrels of 57.3 degree API gravity condensate, and 28 barrels of water. Government permitted production rates during the final 24-hours of the flow period were 3.1 MMSCF of natural gas, 19.0 barrels of condensate, and 1.1 barrels of water.
Final analysis of the bottom hole pressure data is pending acquisition and recovery of bottom hole gauges within the next 42 days. That analysis will provide the technical basis for all future conclusions and estimates of reserves and resources. Nevertheless, it is appropriate to point out at this time that no flowing wellhead pressure loss was experienced during the flow test. The flowing wellhead pressure increased from 1,016 psi to 1,055 psi, while the daily natural gas production increased slightly from 3.0 to 3.1 MMSCF per day.
No reduction in wellhead flowing pressure or natural gas rate indicates that no limits to the CDO reservoir were encountered during the 21-day flow period. Management is extremely pleased with the results to date and on this basis, plan to implement an early production scheme that will allow for the production and sale of modest amounts of natural gas until a full development is completed.
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Oil Market Sentiment Has Improved Significantly
- EU, US Eye Collaboration on Nuclear Materials
- USA Driving Activity to Increase to All-Time Highs
- EU Electricity Export to Ukraine Up 94 Percent in Two Years
- China Coal Output Falls for First Time since Government Ordered More
- TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation
- BP Pulse Buys One of Europe's Largest Truck Stops
- UK CCUS Plans Outdated: Think Tank
- I Squared Eyes Full Ownership of Europe Gas Storage Firm
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- Rystad Looks at the Buzz Around White Hydrogen
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension