Gran Tierra Increases Reserve Estimate in Colombia

Written by Paulo Nogueira

Published on 01/02/2019 at 07:48

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Canada’s Gran Tierra Energy Announced On Wednesday The Growth Of Its Reserves Estimate For 2018, In Part Due To The Company’s Acordionero Field In The Middle Magdalena Valley Basin In Colombia.

Last year, Gran Tierra Said It Increased Its Proved And Probable Reserves To A Total Of 142 Million Barrels Of Oil Equivalent Per Day, While Increasing The Discounted Net Present Value At 10% To US$ 2.7 Billion, According To An Evaluation By McDaniel & Associates Consultants. Expected Production In 2019 Has Since Grown To Four Times The Level Of The Company’s Inherited Assets, Gran Tierra Said.

The Company Added 19 Million Barrels Of Oil Equivalent In Proved And Probable Reserves. Of This Amount, The Acordionero Oil Field, Gran Tierra’s Largest Asset, Contributed To An Addition Of 13 Million BOE.

“Our Two Most Exciting Achievements Last Year Occurred In The Acordionero Oil Field And In The Conventional Carbonate Resource Play Ayombero-Chuira La Luna, Both In The Middle Magdalena Valley Basin”, Said CEO Gary Guidry In A Statement.

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Gran Tierra Increases Reserve Estimate in Colombia

Canada’s Gran Tierra Energy Announced On Wednesday The Growth Of Its Reserves Estimate For 2018, In Part Due To The Company’s Acordionero Field In The Middle Magdalena Valley Basin In Colombia.

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Gran Tierra Increases Reserve Estimate in Colombia

Canada’s Gran Tierra Energy Announced On Wednesday The Growth Of Its Reserves Estimate For 2018, In Part Due To The Company’s Acordionero Field In The Middle Magdalena Valley Basin In Colombia.

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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