Colombia gets two-zone Upper Magdalena find

The Hocol subsidiary of Maurel & Prom, Paris, reported a two-zone oil discovery at its La Canada Norte-1 ST well on the San Jacinto/Rio Paez Permit in Colombia's Upper Magdalena basin.

By OGJ editors
HOUSTON, Feb. 12 -- The Hocol subsidiary of Maurel & Prom, Paris, reported a two-zone oil discovery at its La Canada Norte-1 ST well on the San Jacinto/Rio Paez Permit in Colombia's Upper Magdalena basin.

The well, 250 km southwest of Bogota, stopped at TD 1,006 m after encountering six zones that contained oil in the Cretaceous Monserrate and Caballos formations.

Combined output of the three Caballos intervals was 700 b/d of 33-34° gravity oil. Monserrate flowed 200 b/d of 17-18° gravity oil after frac.

The LCN-1 well, near La Hocha (Monserrate) oil field 100 km southwest of Neiva, identified proved and probable reserves of 41 million bbl, Maurel & Prom said.

Permit holders are Hocol operator with 36.67% interest, Cepsa of Spain 33.33%, and Petrobras 30%.

Maurel & Prom produced 5.2 million b/d in Colombia in 2006. It acquired the Hocol assets from Knightsbridge Petroleum in mid-2005 (OGJ Online, Nov. 4, 2004).

La Hocha field, discovered in 2001, went on production in January 2003 and is still being developed.

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