HOCOL, a company of the Ecopetrol Group, announces its new gas discovery in the Arrecife-1ST well, located 70 kilometers southeast of Montería, in the municipality of Pueblo Nuevo, Córdoba department.
- The Arrecife 1ST well confirmed the presence of gas in the Municipality of Pueblo Nuevo, Córdoba.
- The Arrecife well is part of the Exploration and Production contract signed between HOCOL and the National Hydrocarbons Agency (ANH) VIM-8, where Hocol has a 100% participation.
The Arrecife 1ST well was successfully drilled between August 20 and September 20, 2018. The well reached a final depth of 10,050 feet (3,020 meters) reaching the Ciénaga de Oro Superior formation at a depth of 7,173 feet (2,186 meters).
The records and information taken during drilling indicate that the well found sandstones with natural gas in several intervals of the Miocene-aged Ciénaga de Oro Superior Formation. The presence of gas was confirmed through initial tests and is distributed across several intervals. During the initial tests, gas productions ranged from 3 to 10 MMCFD (million cubic feet per day), with very low condensate content and no formation water production.
Hocol is conducting the necessary analyses to determine the extensive testing plan to be followed in the coming months. “This discovery supports Hocol's exploratory strategy and that of the Ecopetrol Group, which continues to strengthen its position as a gas producer in northern Colombia,” said Rafael Guzmán, President of Hocol.
Colombian Association of Oil and Gas