On July 26, Canada’s Canacol Energy Ltd. reported reserves for its Oboe appraisal well tested in Marchon the VIM 5 Block in Colombia.
The Oboe-1 well was completed and tested in three of 11 different sandstone reservoir intervals within the Cienaga de Oro reservoir. The three tests flowed at peak rates of 13 million cubic feet per day (MMcf/d), 26 MMcf/d and 26 MMcf/d of natural gas, respectively.
Currently, the well is being tied in to the Clarinete flowline, where it is expected to begin permanent production by Sept. 1.
Clarinete 1 and 2ST are currently producing 35 MMcf/d of gas. Oboe-1 further appraises the Clarinete gas field structure and adds 38 Bcf of additional gas reserves to Canacol's portfolio of 3-P gas reserves of 419 Bcf.
Canacol also said that currently, it is drilling the Nispero 1 exploration well in the Esperanza Block in the Lower Magdalena Valley Basin.
When Nispero 1 is tested and completed, Canacol will either drill and follow up with an appraisal well, or will use the drilling rig to drill the Nelson 6 well, which will test the shallow gas-bearing Porquero Formation.
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