Group gauges Llanos basin Mirador oil discovery

A group led by P1 Energy Corp., Calgary, has gauged a Mirador oil discovery on the Llanos 32 block in Colombia’s Llanos basin.

The Bandola-1, near the group’s earlier Maniceno discovery, flow-tested at an average rate of 3,094 b/d of oil in 9 hr with less than 1% water cut. The well went on production in early April and is making 2,600 b/d, natural. Total depth is 11,594 ft.

Block interests are P1 Energy 40%, Parex Resources Inc. 30%, Apco International Oil & Gas Inc. 20%, and Geo-Park Holdings Ltd. 10%.

Partner Apco noted that it has participated in five exploratory wells so far in Colombia, three of which have been tested as oil discoveries and fourth, Turpiales-1, is about to be tested.

Apco will participate in shooting 100 sq km of additional 3D seismic on the Llanos 32 block during 2013, will drill its second exploratory well on the Turpial block this year, and will begin building locations to support its 2014 drilling campaign on the Llanos 40 block.

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