BPZ has added pay in Albacora A-27D offshore Peru

Offshore staff

HOUSTON – BPZ Energy’s Albacora A-27D development well at block Z-1 offshore Peru has tested at a production rate of 1,135 b/d of oil over a 10-day period.

A-27D was drilled to a TD of 14,500 ft (4,420 m). For the last 24 hours, the well has averaged production of approximately 905 b/d of oil, 3,700 Mcf/d of gas, and 2 b/d of water. Gas is mostly reinjected, lacking a local commercial market. The well is producing better than previous recent wells due to additional pay opened in the Lower Zorritos sands.

Given the positive results of the A-27D, the new Albacora A-22D development well was spudded on Jan. 10 with a target measured depth of 14,445 ft (4,403 m), which will also test the Mid and Lower Zorritos sands. Results are expected in April.

The company holds a 51% participation in block Z-1.

The Corvina CX15-8D development well is being completed with results expected in February. The 8D well location helps extend the Corvina field to the southwest.

01/23/2015

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...