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Amerisur Resources Will Spud Indico-1 Well Shortly

Source: www.gulfoilandgas.com 10/31/2018, Location: South America

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce that the rig mast has been raised at Indico-1, on the CPO-5 block ahead of spudding. The spudding of Indico-1 using rig E-2029 is expected shortly. Amerisur holds a 30% non-operated interest in the well, which is 70%-owned and operated by ONGC Videsh Ltd (the Operator).

Indico-1 is targeting the same play as the successful Mariposa-1 well but is further up-dip in a larger structure. The Operator estimates a gross P50 recoverable resource at Indico-1 of 10.3 MMBO. CPO-5 is located to the south of the prolific Llanos 34 block and to the east of the Corcel fields and includes the producing Mariposa-1 well.

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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 


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