Ecopetrol

Ecopetrol discovered 2,397 bbl of 23 °API crude at a well depth of 13,932 ft at its Boranda-2 ST well in the Middle Magdalena Basin, Rionegro, Colombia. Initial tests produced on average 960 B/D with a water cut of less than 2%. Ecopetrol owns a 50% stake in the block. The other 50% is owned by Parex, who is the operator.