Urraca oil discovery : ONGC Videsh Limited (OVL) has pulled off an oil discovery in the onshore CPO5 block in the Llanos Basin in Colombia through the drilling of the Urraca-IX well.

The fully-owned subsidiary and overseas arm of the Indian state-owned Oil and Natural Gas Corporation (ONGC) is the operator of the Colombian block with a 70% stake. It is partnered by Latin American oil and gas company Geopark, which holds the remaining 30% stake.

According to ONGC, the Urraca-1X well was spudded on 20 April 2022. It was drilled to a target depth of 10,956ft, and had intersected 17ft thick oil bearing sands at a depth from 10,201ft-10,218 ft.

ONGC revealed that during initial testing of the well with electrical submersible pump (ESP), fluid flowed at nearly 600 bbl/day with approximately 40-50% W/C and oil of 16o API.

The Indian energy company said that the Urraca oil discovery in the Lower Mirador play in the Urraca-IX well opens up new areas for more exploration in the northern portion of the CPO5 block.

ONGC stated: “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 oil per day.”

  Colombia, GeoPark, Llanos Basin, Oil and gas industry news, Oil and gas news, Oil and Natural Gas Corporation, ONGC, ONGC Videsh