Exploration: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

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 >>

Total Discovers Oil in Deep Offshore Ivory Coast
Ivory Coast (Cote D'Ivoire) >>  4/17/2014 - The Total-operated Saphir-1XB exploration well on Block CI-514 proved the presence of liquid hydrocarbons in the deep offshore west of Ivory Coast. ...
Shell Announces Malaysia Deep-Water Gas Discovery
Malaysia >>  4/17/2014 - Shell announced an exploration discovery offshore Malaysia. The successful ‘Rosmari-1’ well is located 135 kilometres offshore in Block SK318, and was...

BP Head Says Russian Business Unaffected by Sanctions
Russia >>  4/15/2014 - Western sanctions over Russia's actions in Ukraine have not impacted BP's business in Russia, chief executive Bob Dudley said, reiterating the oil maj...
Rosneft Discoveries New Oil Field in Tyumen Region
Russia >>  4/15/2014 - A new field within Zapadno-Gerasimovsky license block was discovered by Rosneft subsidiary Uvatneftegaz. On completion of prospecting well testing on ...

BOEM Proposes Western GOM Oil & Gas Lease Sale
United States >>  4/15/2014 - As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean E...
Angola to Launch Tender for 10 New Onshore Oil Blocks on May 30
Angola >>  4/14/2014 - Angola will start the tender process for onshore oil exploration at 10 new blocks in the Congo Basin and Kwanza Basin on May 30, state oil firm Sonang...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Land & Leasing  Oil & Gas Companies  Production  Service Companies  Utility Systems  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 |

More News

Oil & Gas Projects in Colombia >>

Oil & Gas Companies in Colombia >>

Related Links

Countries Quick Links

Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us