Drilling & Completions | Drilling / Well Results | Key Wells | Initial Production Rates | Drilling Activity
GeoPark Touts Latest Well Results in Brazil, Chile
GeoPark Ltd. reported an update on its operations including a two new discoveries.
Brazil Oil Field Discovery
GeoPark drilled and completed the Praia dos Castelhanos 1 exploration well in the REC-T-128 block (GeoPark operated, 70% WI) to a total depth of 8,431 feet. A production test in the Agua Grande formation resulted in a production rate of approximately 300 bopd of 34 degrees API, with no water. Long-term testing is expected to begin in the coming weeks. Additional production history is required to determine stabilized flow rates and the extent of the reservoir.
Exploration drilling in Brazil is expected to continue during 3Q2019 with the drilling of an exploration well in the POT-T-747 block (GeoPark operated, 70% WI), in the mature, onshore Potiguar basin.
Chile Gas Discovery
GeoPark drilled and completed the Jauke 2 gas well in the Fell block (GeoPark operated, 100% WI) to a total depth of 9,701 feet to the Tobifera formation which is deeper than the formation currently under production. A production test resulted in an average production rate of 5.9 million standard cubic feet of gas per day (988 boepd) with a wellhead pressure of 1,646 pounds per square inch.
Additional production history is required to determine stabilized flow rates of the well and the extent of the reservoir. Surface facilities are already in place, the well is in production, and the gas is being sold to Methanex.
Additional drilling is expected during 2H2019 to continue developing and delineating the large Jauke/Dicky geological structure.
Related Categories :
Well Results - Positive
More Well Results - Positive News
-
APA Corp. Strikes Oil Offshore Suriname at Baja-1 Well; Dry Hole at Block 58
-
Exxon Makes Dual Discoveries at Liza, Payara Prospects Offshore Guyana
-
APA Corp. Hits Pay at Krabdagu Exploration Well Offshore Suriname
-
Petrobras Makes Oily Discovery at Campos Basin Wildcat Well
-
APA Corp. Strikes Oil at Krabdagu-1 Exploration Well Offshore Suriname
South America News >>>
-
Hess Corporation First Quarter 2023 Results -
-
Shell Fourth Quarter, Full Year 2022 Results -
-
Shell CEO van Beurden to Step Down; Wael Sawan Tapped as Successor -
-
APA Corp. Strikes Oil Offshore Suriname at Baja-1 Well; Dry Hole at Block 58 -
-
GeoPark Limited Second Quarter 2022 Results -