Gulf Oil and Gas accountACCOUNT

Geopark Provides Yagan Norte Field Development Update

Source: www.gulfoilandgas.com 12/28/2012, Location: South America

GeoPark Holdings Limited, the Latin American oil and gas exploration and production company with operations and producing properties in Chile, Colombia and Argentina, is pleased to announce the successful drilling, testing and putting into production of a new oil and gas well in the Yagan Norte oil field on the Fell Block in Chile. GeoPark operates and has a 100% working interest in the Fell Block.

GeoPark drilled and completed the Yagan Norte 4 well to a total depth of 3,105 metres. A production test in the Tobifera formation, at approximately 3,022 metres in an open hole section, flowed at a rate of approximately 645 barrels of oil per day ("bopd") and 3.5 million standard cubic feet per day of gas through a choke of 10 millimetres, with a well head pressure of 1,237 pounds per square inch. Further production history will be required to determine stabilized flow rates. Surface facilities and flowlines are already in place and the produced crude oil and gas are now being marketed.

GeoPark has interests in six blocks (totalling over 3 million gross acres) in southern Chile where it is the first and only independent oil and gas producer. GeoPark also has interests in ten blocks in Colombia and three blocks in Argentina.

Commenting, James F. Park, CEO of GeoPark, said: "We are pleased with this new drilling result from the Yagan Norte well which continues to confirm the exciting oil and gas potential of the unconventional Tobifera reservoir in southern Chile."

Logging, Perforating, Testing >>

Logging, Perforating, Testing News in Chile >>

Argentina >>  2/19/2020 - Echo Energy announcesa non-commercial gas discovery at the Campo La Mata Exploration well ("CLM x-1") in the Tapi Aike licence following completion of...
Peru >>  2/11/2020 - Karoon Energy Ltd’s (Karoon) Marina-1 exploration well in Block Z-38 Tumbes Basin offshore Peru, has drilled down to a depth of 1654m MD. The 13 3/8 i...

Romania >>  2/11/2020 - Serinus Energy plc (“Serinus”, SEN) , is pleased to announce the flow-test results of the Moftinu - 1004 well. The well flowed 6.0 million standard cu...
Colombia >>  2/6/2020 - Frontera Energy Corporation provided an exploration update in relation to prospects in Colombia in the Lower Magdalena Valley, including its explorati...

Trinidad and Tobago >>  2/6/2020 - Touchstone Exploration Inc. (Touchstone) (TXP) announces that flowback testing of the first stage of the Cascadura-1ST1 well has been completed, confi...
United Kingdom >>  2/6/2020 - Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an operat...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Chile Oil & Gas 1 >> 

Oil & Gas Projects in Chile >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.