Partners suspend Colombia subsalt Topoyaco well

Jan. 17, 2012
Partners decided to suspend work on the Yaraqui-1X well, a subsalt prospect on the Topoyaco block in the Putumayo basin foothills in Colombia, said PetroMagdalena Energy Corp.

Partners decided to suspend work on the Yaraqui-1X well, a subsalt prospect on the Topoyaco block in the Putumayo basin foothills in Colombia, said PetroMagdalena Energy Corp.

Pacific Rubiales Energy Corp. holds 50% working interest and operates the block. PetroMagdalena holds the remainder.

The well’s development was suspended because of anticipated uneconomic heavy oil flows, PetroMagdelena said. Last year the partners had reported encouraging indications of the subthrust play (OGJ Online, Nov. 21, 2011).

PetroMagdelena gave no details about under what conditions that it might reconsider the well.

About the Author

Paula Dittrick | Senior Staff Writer

Paula Dittrick has covered oil and gas from Houston for more than 20 years. Starting in May 2007, she developed a health, safety, and environment beat for Oil & Gas Journal. Dittrick is familiar with the industry’s financial aspects. She also monitors issues associated with carbon sequestration and renewable energy.

Dittrick joined OGJ in February 2001. Previously, she worked for Dow Jones and United Press International. She began writing about oil and gas as UPI’s West Texas bureau chief during the 1980s. She earned a Bachelor’s of Science degree in journalism from the University of Nebraska in 1974.