Chile

By OGJ editors
HOUSTON, Jan. 13 – GeoPark Holdings Ltd., Hamilton, Bermuda, plans a 14-16 well program in 2010 on Chile’s Fell block at a cost of more than $50 million that follows the nine wells drilled and completed in 2009.

The Dicky-16 well is to be tested, while the Alakaluf-5 downdip appraisal well flowed 650 b/d of oil with 250 psi wellhead pressure on a 14-mm choke from a 43-ft perforated interval in Cretaceous Springhill at 7,173 ft.

GeoPark Holdings, which is moving the rig to drill Alakaluf-6, will also shoot 2D and 3D seismic and expand infrastructure in 2010. Its certified proved and probable reserves are 42.2 million bbl of oil equivalent.