EP Petroecuador Begins Operations with the Second Drilling Tower in Block 60

Source: www.gulfoilandgas.com 11/10/2021, Location: South America

EP Petroecuador began operations to drill the Sacha 352 (re-entry) well, the second of four scheduled for this year, located on the Sacha 350 platform, in the province of Orellana. These activities are contemplated in the Integrated Specific Services Contract signed on September 10 with the contractor Sinopec International Petroleum Service Ecuador SA , for this activity a second SINOPEC 191 drilling tower entered.

The General Manager (s) of EP Petroecuador, Pablo Luna, stated that "according to plan, two drilling rigs and four towers are operating in the area for reconditioning work." In addition, he highlighted that this new well is directional type J, named for its inclination to reach its objective, which will incorporate approximately 500 barrels of oil per day (BPPD) to national production, from the lower U reservoirs ”.

The wells planned for this year are executed under the modality of cluster drilling , a technique that consists of developing in a directional manner from the same platform, in order to optimize surface space and minimize environmental impact, he said.

In the Sacha field, it has been planned to drill 25 wells , which, added to the reconditioning activities in wells already in production, the production income of 20,000 barrels resulting from these activities is estimated until December of next year.

The state oil company has drilling campaigns underway in the Tiputini, Auca, Yuralpa, Coca - Payamino, Shushufindi fields and from next year production from the Ishpingo area will be incorporated into Block 43-ITT . Currently, the Sacha field produces more than 65,400 barrels of oil per day.

These actions allow the gradual increase of the country's oil production, in accordance with the provisions of the President of the Republic, Guillermo Lasso Mendoza, through Executive Decree No. 95 that establishes the policy of the oil sector, based on 4 pillars: legal security, transparency, efficiency and attracting investments.


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