Parex Resources and Ecopetrol discovered hydrocarbons in two formations in the Andina Norte-1 exploration well in Arauca, Colombia. The well was drilled to a total depth of 18,852 ft in the Capachos Block in the Llanos Basin near the Colombian border with Venezuela. It encountered oil-bearing reservoirs in the Guadalupe and Une formations, and produced a combined 3,406 B/D of light crude oil and 5.8 MM ft/D of natural gas over multiple days of testing. Parex and Ecopetrol each hold a 50% stake in the well.
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.