On July 29, hydrocarbons were discovered in the ultra deepwater surrounding Columbia in the Caribbean region by Anadarko Petroleum, one of the world's largest publicly traded oil and gas exploration and production companies, an official release stated.
In an unexplored area, Anadarko Petroleum's Kronos-1 well proved to have high hydrocarbon potential, according to Bogota, the Columbia-based firm. Currently, Ecopetrol and Anadarko have integrated teams to work on the Kronos-1 well.
Juan Carlos Echeverry, president of Ecopetrol, said the two companies will continue drilling operations in the area to evaluate the discovery.
"We are pleased to announce this discovery in Colombian Caribbean deepwater, this time accompanied by Anadarko," Echeverry said in the release. "This discovery adds to the one accomplished in December at the Orca-1 well, located in the deep water of Tayrona Block offshore Guajira, where we are partners with Petrobras, Repsol and Statoil. These results are very important and confirm the potential of the Colombian Caribbean petroleum system in a vast area and are aligned with Ecopetrol's new strategy, in which one of the key areas is the exploration on high potential marine basins."
Another milestone for the explorer
The news of the Kronos-1 well has come less than a year from the company's last discovery in Mozambique, which discovered gas resources in the Rovuma basin, Platts reported. Bob McBean, executive chairman of Wentworth Resources, the London-based oil and gas exploration company working with Anadarko, said in August 2014, the company was dealing with significant equipment challenges. However, once the equipment problems were resolved, the companies were able to continue searching for new resources.
Eventually, the new technology helped discover the Tembo-1 well in December 2014.
"The Tembo-1 well was an exciting well and has provided additional information about the Rovuma basin," McBean said in an official statement.
The Tembo-1 reached nearly 2.82 miles deep in the Cretaceous-aged sands in Africa. However, the newest ultra-deepwater discovery is another possible success for the major oil and gas explorer.
The Kronos-1 well was drilled more than 2.3 miles below the water base level to make the hydrocarbon discoveries. When the Kronos-1 well is completed, the company will move to Fuerte Corte Block to continue drilling at the Calasu-1 well, which is roughly 100 miles northeast of the newest well.