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Ecopetrol Discovers Light Oil in Colombia

Written by Paulo Nogueira
Published on 01/02/2019 at 07:59
Updated on 01/02/2019 at 09:37
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Together with its partner, the US Occidental Petroleum, highlight that this new reserve will provide great potential to the region

Ecopetrol, state-controlled, made a discovery of light oil in northern Colombia. The Cosecha C-01 well was drilled in partnership with the US Occidental Petroleum to a total depth of 3300 meters. The duo aimed for a Cretaceous prospect in the Llanos basin and found a thickness of about 14 meters, Ecopetrol said. The well is currently producing crude oil of 38 degrees API at a rate of 3025 barrels per day.

The Cosecha C-01 is located near the Cano-Limon complex, which will help facilitate its future development, said Ecopetrol’s president, Felipe Bayon.

The company is also active in the Rondon, Chipiron, and Cravo Norte prospects in the block, and Ecopetrol said that the Cosecha discovery highlights the region’s potential.

About Occidental Petroleum

Occidental Petroleum is an international oil and gas extraction and exploration company that operates in the United States, the Middle East, North Africa, and South America

About Ecopetrol

Ecopetrol is the largest oil company in Colombia, founded in 1921 as Tropical Oil Company and on August 25, 1951, it was renamed Ecopetrol, 80% of the company belongs to the Colombian Government

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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