Exploratory In Chile’s Fell Block Produces From Springhill

Drilling Activity Details

Locations

Chile

Operators
Post Date
Shore Type
Well Name
#1-Jauke
Geo Coordinate

Drilling Activity Summary

Description

Geopark Ltd. has announced results from exploration well #1-Jauke in the Fell block in Chile. It was drilled to 9,592 ft and tested flowing 5.8 MMcf of gas from Springhill with a wellhead pressure of 2,738 psi. According to the Buenos Aries-based company, additional production history is necessary to determine stabilized flow rates. The Jauke gas field is part of the large Dicky geological structure in the block and has the potential for multiple development drilling opportunities in the Magallanes Basin. According to the company, petrophysical analysis indicates hydrocarbon potential in the shallower El Salto formation, which will be tested in the future. El Salto was structurally tested at #1-Uaken and additional drilling there is planned. The Fell block produced approximately 2.9 Mboe per day (66% gas).