Gran Tierra Energy Inc. announces Ecuador oil discovery from Charapa-B7 well
Published by Alfred Hamer,
Editorial Assistant
Oilfield Technology,
Gran Tierra has successfully drilled its sixth consecutive oil discovery in Ecuador, the Charapa-B7 well. The wells drilled in Ecuador continue to yield strong results producing over 1 million cumulative bbls of oil to date which Gran Tierra says highlights the exceptional potential of the Oriente and Putumayo basins.
In a press release announcing the company’s financial and operating results for 3Q24, Gary Guidry, President and CEO, Gran Tierra, said: “[…] Having our sixth consecutive discovery in Ecuador and reaching the milestone of 1 million cumulative bbls of oil produced from our operations in Ecuador is a significant achievement for Gran Tierra, highlighting our strong presence and success in the region. The productivity of the Ecuador wells is a testament to the geology in the Oriente and Putumayo Basins, and underpins a key pillar of growth going forward. We remain excited about the potential of the Arawana-Bocachico play, and the two remaining Zabaleta wells to be drilled by the end of the year that will provide essential insights into the size and scope of this promising opportunity”
During 3Q24, the 238 km2 3D seismic program of the Charapa Block was completed, the data has been processed and is currently being interpreted. Preliminary interpretations of the high-quality 3D data confirm potential prospectivity and additional areas of interest identified on seismic, including better definition over the Charapa structure. According to Gran Tierra, the 3D data will further delineate reserves, underpin future drilling locations scheduled for 2025 and support future development planning.
In the same press release, Gran Tierra said the drilling rig has now been moved from the Charapa Block and mobilized to the Chanangue Block to drill two wells – the Zabaleta-K1 and Zabaleta Oeste-K1 exploration wells. The Zabaleta-K1 well is located four km to the east of the Arawana-J1 well drilled earlier this year and is 200 ft up structure. The well spud on 22 October 2024, and Gran Tierra has currently drilled to 9488 ft. Both wells will target the Basal Tena formation as well as assess potential in the T-Sand, U-Sand and B-Limestone.
Read the article online at: https://www.oilfieldtechnology.com/exploration/06112024/gran-tierra-energy-inc-announces-ecuador-oil-discovery-from-charapa-b7-well/
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