Latin American oil and gas explorer GeoPark Ltd. said on July 25 that the Jacana 4 development well in Colombia was successfully drilled and tested.
The Jacana 4 well is in the Jacana oil field in the Llanos 34 Block in Colombia. GeoPark operates the well with a 45% working interest.
The well was drilled and completed to a total depth of 10,370 ft. A test conducted with an electric submersible pump in the Guadalupe Formation resulted in a production rate of about 1,950 barrels per day (bbl/d) of 16 degree API oil, 1% water cut.
Surface facilities are in place and the well is already in production.
The Jacana 4 well followed the recent successful Jacana 3 appraisal well, which extended the size of the Jacana Field. Jacana 4 was drilled in 8.8 days at a total drilling and completion cost of $2.9 million.
GeoPark has identified about 40 to 45 additional drilling locations to fully develop the oil reserves in the Tigana and Jacana oil fields in the Llanos 34 Block.
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