Discoveries | Exploration & Appraisals
Pacific Exploration Ceibo-1 Well Flowed 6800 Bbbls
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Pacific Exploration & Production Corporation provided the following update
Exploration and Development Update
Colombia - Deep Llanos – Guatiquia Block – Avispa Ceibo Ardilla Field
The Ardilla-3 exploration well was spudded on March 9, 2017 and reached a total depth of 12,900 feet on April 16, 2017. Petrophysical interpretation indicated the presence of 66 feet of net pay in the Lower Sand 1 (with no water contact present), and 7 feet of net pay in the Guadalupe formation. The well was cased and perforated in the upper 20 feet of the Lower Sandstone-1 Unit. Production with an electrical submersible pump commenced on May 8, 2017. Since then, the well has produced a total of 23,000 bbl of 18° API oil at an average rate of 2,030 bbl/d, an average water cut of 4 and 18% reservoir drawdown…
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