Guatemala

Quetzal Energy Ltd., Calgary, found 36° gravity oil in the overpressured Coban C-12 reservoir at Atzam-3A, a possible new pool oil discovery in the 1-2005 exploration and production contract area in Guatemala’s Peten basin.

By OGJ editors
HOUSTON, Apr. 26
– Quetzal Energy Ltd., Calgary, found 36° gravity oil in the overpressured Coban C-12 reservoir at Atzam-3A, a possible new pool oil discovery in the 1-2005 exploration and production contract area in Guatemala’s Peten basin.

The well, cased to 1,506 ft, found the C-12 reservoir structurally higher than in surrounding wells. Top of Upper Coban C-12 is at 1,330 ft, 330 ft high to Atzam-2 and 650 ft high to Atzam-1A.

Atzam-3A’s C-12 reservoir section is a series of thin dolomite beds with about 20 ft of potential net oil pay. The well flowed 4 bbl-hr, 50% oil and 50% drilling mud, during open hole logging.

Quetzal Energy is considering drilling Atzam-4 to 4,000 ft to evaluate the oil potential down to and including the Coban C-19.

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