Geopark says Jacana field adding to its Colombia oil production

Independent Latin American operator Geopark Ltd. reported average net production in Colombia of a rounded 15,678 boe/d in the third quarter, up 20% from the same period a year ago. The additional output came largely from Jacana field, and Geopark continues to appraise Jacana’s oil potential.

Three Jacana wells came on stream during the third quarter. The wells, Jacana 3, 4, and 5, currently produce 7,200 b/d of oil gross, Geopark said (OGJ Online, Aug. 22, 2016).

Jacana 5 was drilled 780 m north of Jacana 3 further down dip to a bottom-hole location below the previous lowest-known oil. The Jacana 6 appraisal well currently is being drilled.

Geopark of Santiago, Chile, has operations in Colombia, Brazil, Argentina, and Peru. In Peru, GeoPark and Petroperu have until March 2017 to obtain government regulatory approvals to close a transaction announced in 2014.

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


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...