Perenco Colombia has introduced the profitable drilling of three new growth wells within the Paravare and Chaparrito fields on the plains of Casanare, onshore Colombia.
“On account of detailed seismic information evaluation by the geoscience group, Perenco recognized new channels by which a big amount of oil has been found,” the corporate mentioned in a information launch.
Perenco mentioned the 2 wells on the Paravare area had been aimed toward rising manufacturing, whereas the third effectively, PRV-03, was “efficiently drilled and continues to be optimized”. After the set up of an electro-submersible centrifugal pump, PRV-03 now produces 500 barrels of oil per day (bopd).
- Advertisement -
In the meantime, on the Chaparrito area, the corporate cited the success of the CHP-03 effectively, drilled in 2023 on the sting of a channel at a depth of 4,921 ft (1,500 meters). The amount of the channel found made it potential to drill two extra wells in the identical space, it mentioned.
CHP-04 was drilled in the course of the channel and CHP-05 was drilled within the northern portion. With manufacturing reaching 3,380 bopd and 550 bopd for CHP-04 and CHP05 respectively, mixed with 2,300 bopd from CHP-03, your entire fairway is now coated.
With latest drilling outcomes exceeding expectations, the Chaparrito area now accounts for about 40 % of Perenco Colombia’s complete manufacturing, it famous. Additional reprocessing of seismic information is ongoing to evaluate the opportunity of drilling new channels.
Gaël Piardet, Common Supervisor of Perenco Colombia, mentioned, “ These discoveries are the results of the arduous work and experience of our groups and endorse our funding technique in Colombia. Our aim is to duplicate this success by persevering with with reprocessing seismic information from different areas and drilling two growth wells and one exploration effectively per 12 months over the approaching years”.
“The Perenco Group implements rigorous environmental safety measures and initiatives to assist regional financial growth. As such, Perenco Colombia is dedicated to working intently with the Colombian authorities and native communities to make sure a accountable and helpful exploitation of the nation’s assets,” Piardet added.
In keeping with the discharge, Perenco Colombia produces 15,000 bopd. The corporate is a part of the Perenco Group, which operates in 14 accomplice international locations and relies in the UK.
T&T Property Acquired from BP
Final month, BP Trinidad and Tobago (BPTT) signed an settlement to divest its Immortelle, Flamboyant, Amherstia, and Cashima offshore gasoline fields and related manufacturing amenities to Perenco Trinidad and Tobago (T&T). The settlement additionally consists of the undeveloped assets from the Parang area.
BPTT operates, and at present is the only proprietor of every of the belongings included within the settlement. The fields, except for Parang, are mature fields which were in manufacturing from as early as 1993 and at present produce a complete of roughly 30,000 barrels of oil equal per day (boepd). As a part of the deal, BPTT will buy the gasoline produced from these fields to proceed to satisfy its current contractual obligations, based on an earlier information launch.
BPTT President David Campbell mentioned, “Divesting these mature belongings will high-grade our portfolio in Trinidad and Tobago as we give attention to persevering with to develop our shallow water gasoline portfolio and pursuing development alternatives with each deep water and cross-border gasoline assets. That is a part of our mission to speed up gasoline manufacturing, create worth and unlock the power way forward for Trinidad and Tobago. In the meantime, Perenco will have the ability to apply their mature asset experience to increase these fields’ producing life and assist most restoration of assets”.
Perenco CEO Armel Simondin mentioned, “This can be a welcome alternative for Perenco to develop our Trinidad and Tobago portfolio, validating our entry into the nation in 2016. Over the previous eight years, Perenco T&T has accomplished a number of formidable initiatives on the mature TSP [Teak, Samaan and Poui] asset and has turn out to be a sizeable provider of gasoline for the home market. We are going to apply our mature area experience to develop additional the assets from these newly acquired fields. We look ahead to welcoming the BPTT workers who will switch with the belongings and are delighted to work along with BPTT in the direction of defending Trinidad and Tobago’s power safety. We view this as an vital milestone within the historical past of gasoline provide for T&T”.
Perenco T&T has been producing hydrocarbons in Trinidad & Tobago since 2016, when it took over operatorship of the Teak, Samaan and Poui (TSP) fields, situated offshore the south-east coast of Trinidad, based on the discharge.
To contact the writer, e mail rocky.teodoro@rigzone.com
