Gulf Oil and Gas accountACCOUNT

Loon Announces New Exploratory Success in Colombia

Source: www.gulfoilandgas.com 11/4/2010, Location: South America

Share |
Loon Energy Corporation announces a new exploratory success at its Visure-1X well, located in the Buganviles Block, Upper Magdalena Valley Basin, Colombia.

The Visure-1X well, drilled on the southwestern flank of the Visure Prospect near to the southeastern border of the Buganviles Block, was drilled to evaluate a structural trap, similar to the trap at the nearby Abanico Field to the northeast. The well had three main exploratory objectives: the Cretaceous Lower and Upper intervals of the Guadalupe Formation and the Tertiary Barzalosa Formation. The well was spud on October 16, 2010 and reached a final depth of 3,380 feet measured depth (“MD”) or 2,205 feet true vertical depth subsea (“TVDSS”) on November 1st, 2010. The well was drilled slightly deviated at an angle of 9 degrees and found the top of the Barzalosa Formation at 2,206 feet MD (1,040 feet TVDSS), the Upper Guadalupe at 2,995 feet MD (1,825 feet TVDSS), the Lower Guadalupe Interval at 3,079 feet MD (1,908 feet TVDSS), and the top of Villeta Formation at 3,272 feet MD (2,099 feet TVDSS).

The petrophysical evaluation of the well in the Barzalosa, Upper Guadalupe and Lower Guadalupe Formations indicated a total net pay of liquid hydrocarbons of 114 feet in the three intervals, ranging from 24.5 to 45.5 feet of net pay and 16% to 26% average porosity. In addition to the oil bearing sandstones, the well also showed gas saturated sandstones in the Barzalosa Formation.

Exploration News in Colombia >>

Israel >>  11/15/2017 - Israel said it received bids to explore for oil and gas in its economic waters from Greece’s Energean and a consortium of Indian firms including ONGC ...
Oman >>  11/14/2017 - The Government of the Sultanate of Oman, Oman Oil Company Exploration and Production (OOCEP), a subsidiary of state company Oman Oil Company SAOC (OOC...

Morocco >>  11/13/2017 - SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its KSR-15 development wel...
Norway >>  11/13/2017 - Norway's Petroleum Safety Authority has given Aker BP consent to drill exploration well 24/9-12 S in production licence PL 340. Drilling is scheduled...

Brazil >>  11/10/2017 - Brazil’s government expects to raise around 3 billion reais ($916.98 million) in signing bonuses in an auction of blocks in Brazil’s coveted pre-salt ...
Lebanon >>  11/10/2017 - Lebanon’s Energy Minister called on companies bidding in its first round of licensing to explore for oil and gas in its Mediterranean waters to begin ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Colombia Oil & Gas 1 >>  2 | 3 | 4 | 5 |

Oil & Gas Projects in Colombia >>

More News

 

Oil & Gas Companies in Colombia >>


Related Links

AR BM BO BR CL CO CU EC FK GY MX PE TT UY VE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.