Canacol Announces Results From Lower Magdalena Basin Exploratory

Drilling Activity Details

Locations

,
Colombia

Post Date
Shore Type
Well Name
#1-Acordeon
Geo Coordinate

Drilling Activity Summary

Description

Results from a Lower Magdalena Basin exploratory were announced by Calgary-based operator Canacol Energy. The #1-Acordeon is in the VIM 5 block in Colombia. It was drilled to 8,500 ft and encountered more than 420 net ft of gross pay between 7,646 and 8,066 ft with an average porosity of 18% in Cienaga de Oro Sandstone. The well flowed 33 MMcf of gas daily during testing on a 60/64-in. choke with a flowing tubing head pressure of 1,476 psi. An appraisal well, #1-Ocarina, was spud from the same platform and will test the same Cienaga de Oro reservoir in a downhole location approximately 3,200 ft to the southeast and at a structural elevation approximately 400 ft up-dip of where the CDO reservoir was encountered at #1-Acordeon.