Canacol increases its search for gas to meet the high demand that there will be due to El Niño – Sectors – Economy

Canacol increases its search for gas to meet the high demand that there will be due to El Niño – Sectors – Economy

The Canadian company Canacol Energy is betting on a drilling program that includes the search for natural gas in three different places in order to meet the high demand that will be in the country in the coming months.

The short-term exploration program contemplates the discovery of the Lulo well, as well as the Piña Norte, Cereza and Malfadine prospects, located near the Jobo (Córdoba) production plant and which can be commercialized very quickly.

(Read also: The panorama of natural gas in Colombia, according to Naturgas and Vanti)

This program will allow the company to develop production capacity to meet the anticipated high demand for gas associated with the phenomenon of the childwhich is expected to intensify by the end of the year.

And it is that when a drought arrives, the hydroelectric plants decrease their energy production, which increases the operation of natural gas, coal and liquid fuels.

Canacol Energy drilled the Piña Norte-1 exploration well on June 26, 2023. The well is located approximately 500 meters west of the Jobo gas treatment plant and targets container gas reservoirs in the Ciénega de Oro (CDO) sandstone, identical to those found at the nearby Lulo discovery.

The company anticipates that the well will be drilled, completed and placed on production within the next three weeks. If successful, the Piña Norte-2 appraisal well will be drilled immediately after completion of the Piña Norte-1 well.

Chimela exploration well.

Canacol Energy also plans to drill the Cereza-1 exploration well500 meters north of the Jobo production facility and is targeting the gas-bearing sandstones of the CDO field.

The well will take approximately three weeks to drill, complete and put on production. If successful, the company will immediately drill the Cereza-2 appraisal well.

The Malfadine-1 exploration well will be the next prospect to be drilled in the exploration program. It is located approximately 1.5 kilometers northwest of the Jobo production facility.

Malfadine-1 also targets gas-bearing reservoirs within the CDO sandstone and will take three weeks to drill and complete. If successful, Canacol Energy will immediately drill the Malfadine-2 and Malfadine-3 appraisal wells.

(Also read: The alarms that go off due to the low reserves of gas and oil that the country has)

Discovery Chimela-1 under study

On January 23rd it was announced that the Chimela-1 exploration welllocated in the Middle Magdalena Basin, encountered 85 feet of net oil and gas pay within the Lisama Basal Tertiary sandstone reservoir.

The Lisama Basal sandstone reservoir was drilled at various intervals between 13,625 and 13,694 feet gage and pump tested for 62 hours at an average rate of 353 barrels of oil per day (bpd) of 23.6 degrees API oil. .

The average water cut during this test period varied between 2 and 3 percent and a constant THP (Pipe Head Pressure) of 40 psi was maintained. the hole is currently closed for a 20 day accrual period.

Once the pressure data has been collected, a development plan will be formulated and executed to rapidly commercialize the Chimela discovery, located seven kilometers from Gran Tierra Energy’s Acordionero field. This field produces approximately 18,600 bpd from the same reservoirs that have proven productive at Chimela.

(Also read: Which countries produce the most natural gas in the world? This is the ‘top’)

Lulo-2 well began producing natural gas

The Lulo-2 appraisal well encountered a true vertical depth of 230 feet net gas pay with an average porosity of 20 percent. This well was linked to permanent production and was tested in production at 24 million standard cubic feet per day.

In June, the Canacol Energy contractual sales of natural gas (which are gas produced, delivered and paid for) were 186 million standard cubic feet per day, a decrease of 1.5 percent compared to what was sold last May.

By Mitchell G. Patton

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