Peru: Corvina commercial oil output starts

By OGJ editors
HOUSTON, Jan. 19
– Corvina oil and gas field on Block Z-1 in the Pacific off northern Peru averaged 4,656 b/d of oil in December 2010 after starting commercial production Nov. 30, said operator BPZ Resources Inc., Houston.

Associated gas is being reinjected to avoid flaring. The field is in the Tumbes basin.

The company has mapped 16 geologic structures on the 739,205-acre block and is seeking a permit to shoot 3D seismic on the exploratory portion of the block. It expects to start acquisition in mid-2011. Water depth averages 200 ft and reaches 500-1,000 ft on 10% of the block.

Meanwhile, BPZ is committed to install gas reinjection equipment at Albacora field, 16 miles north of Corvina, in order to bring it into commercial production by the end of 2011. The company has said it believes Albacora could contain three times the oil in place of Corvina.

Related Articles

Shell submits revisions to its 2015 Chukchi Sea exploration plan

08/29/2014 Shell Offshore Inc. submitted revisions to its previously approved Chukchi Sea exploration plan on Aug. 28, a spokesman for the company confirmed. ...

BLM announces California oil, gas strategy as CCST issues report

08/29/2014 The US Bureau of Land Management’s California state office announced a comprehensive strategy for its oil and gas program in the state after receiv...

Lundin lowers resource estimate for Luno II discovery

08/29/2014 Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has drilled appraisal well 16/4-8 S in the Luno II discovery 15 km south of Edv...

Noble posts drilling results for Katmai, Dantzler prospects in gulf

08/28/2014 Noble Energy Inc., Houston, has advanced its exploration and appraisal drilling operations on the Katmai prospect on Green Canyon Block 40 and the ...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected