Christmas trees for onshore oil production. (Source: Shutterstock)
Interoil Exploration and Production ASA’s subsidiary Interoil Colombia Exploration and Production has successfully completed a downhole intervention to the Vikingo well in Colombia, the company announced Nov. 11.
The intervention included the installation of a jet pump with a modified operational configuration, which restored oil production to 400 bbl/d, an increase from the pre-intervention level of 105 bbl/d.
While production is expected to stabilize at around 200 bbl/d, the new jet pump configuration has improved operational efficiency by reducing lifting costs.
Recommended Reading
Dividends Declared Sept.16 through Sept. 26
2024-09-27 - Here is a compilation of dividends declared from select upstream, midstream and service and supply companies.
EQT to Cut Workforce 15% Following Close of Equitrans Acquisition
2024-10-02 - EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
TC Energy Completes Spinoff of Liquids Pipeline Business South Bow
2024-10-01 - South Bow Corp. will commence trading on the Toronto Stock Exchange on Oct. 2.
Dividends Declared Week of Nov. 4
2024-11-08 - Here is a compilation of dividends declared from select upstream and midstream companies in the week of Nov. 4.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.