Ecopetrol hits pay in Colombia

Sep 29, 2008 02:00 AM

Colombia-based Ecopetrol discovers gas and oil in the Lisama Norte-1 well in San Vicente de Chucuri in north Santander.
The oilfield is part of the Lisama-Nutria production agreement which was signed in October of last year between the ANH and Ecopetrol in an area of 40.19 hectares in the Magdalena basin.

The well flowed naturally with crude of 37.3 degrees API and natural gas with up to 200 barrels of oil per day and 250 cf of gas per day without the presence of water.
Given its close proximity to the infrastructure of the Lisama oilfield, further tests will be made to establish the potential reserves of the new oilfield.

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