Urraca-1X reiterates the technical and operational prowess of ONGC
ONGC Videsh Limited (OVL) says the recent oil discovery in the Lower Mirador opens up new areas for further exploration in the northern part of the Urraca-IX well in CPO-5 block, Llanos Basin, Colombia block.
Urraca-1X was spudded on 20 April 2022 and drilled to target depth (TD) of 10,956 ft, encountering 17 ft thick oil-bearing sands at a depth from 10,201-10218 ft.
During initial testing with Electrical Submersible Pump (ESP), fluid flowed @ approx. 600 barrels per day (bbl/day) with around 40-50% W/C and oil of 16 degree API.
ONGC Videsh has earlier discovered commercial oil in the Lower Sand pay in Mariposa and Indico fields in the block in 2017 and 2018 respectively, which are currently commercially producing @20,000 bbl/day.
Block CPO-5 was awarded in the 2008 bid round of Colombia to ONGC Videsh, an international subsidiary of Oil and Natural Gas Corp (ONGC) of India.
ONGC Videsh holds 70% participating interest (PI) in the block along with operatorship, remaining 30% is held by partner Geopark.
ONGC Videsh has a significant presence in oil & gas sector in Colombia, with three other exploratory blocks in the country and joint ownership of the oil producing company Mansarovar Energy Colombia Ltd (MECL).
Oil discovery in a new play in the block with the well Urraca-1X, reiterates the technical and operational prowess of ONGC Videsh and adds one more feather in its cap towards the extensive Exploration and Drilling campaign in Colombia, the Ministry of Petroleum and Natural Gas said in a release on 23 June 2022. fiinews.com
