PetroTal converts Peru water disposal well into oil well

PetroTal Corp. has completed the BN 95-2WD well (2WD) in Bretana field on Block 95 in Peru. Upon completion of the 2WD well, PetroTal converted an existing water disposal well (BN 95-1W) into an oil producer, which the company renamed the BN 95-1.

The BN 95-1 well’s initial production rate of 2,700 b/d exceeds expectations, PetroTal executives said. Management plans to provide more information on the BN 95-1 well later this month.

PetroTal also has spudded the BN 95-4 oil well, a development well planned with a horizontal completion. The target is the Vivian formation. Drilling is expected to take 60 days. A 500-m lateral is planned.

Central processing facilities to increase Bretana field’s total oil production, expected to be commissioned in December, could bring total field production to 10,000 b/d by yearend, with the drilling and completion of two additional oil development wells, the BN 95-4 and BN 95-5.