Ecopetrol Discovery On Playon Block in Middle Magdalena Basin, Colombia

Drilling Activity Details

Locations

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Colombia

Operators
Post Date
Shore Type
Well Name
#2-ST Boranda
Geo Coordinate

Drilling Activity Summary

Description

Ecopetrol has reported a discovery on the Playon Block in Rio Negro (Santander) in the Middle Magdalena Basin in Colombia. The #2-ST Boranda encountered crude in Eocene Basal Sands. The well was drilled from the same platform as discovery well #1-Boranda about 1,200 m to the southeast. The well initially produced 960 bbl oil per day with a water cut of less than 2%. It was drilled to 4,246 m, and it confirmed the finding of 23-degree-grav-ity crude. Additional testing is planned. Parex is the operator of Payon Block and the Boranda wells with 50% interest in partnership with Bogota-based Ecopetrol, holding the remaining 50%.