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August 5, 2024
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Ecopetrol and Petrobras confirm discovery of gas in offshore oilfield

Colombia expects offshore gas to enter the market two years later than estimated

After announcing In June, the drilling of the Uchuva 2 well will begin, Ecopetrol and Petrobras They reported that the well was delimitedr confirmed the natural gas discoveries that had been announced in Uchuva 1 in the Caribbean offshore in the Tayrona Block.

(In context: Ecopetrol and Petrobras announced drilling of the Uchuva 2 well in the offshore Caribbean)

According to information provided by the Colombian oil company, This well “provides significant information for the development of this new production frontier in the Caribbean.”and Colombia, and reinforces the gas potential that has been predicted in the region“.

The companies did not explain what nature the findings of this well were, although they explained that They will continue drilling until they reach the planned depth.to be able to characterize the conditions of the deposits found“.

(You may be interested in: What the cancellation of Ecopetrol’s offshore gas pipeline implies)

LThe presence of molecules was identified in the fourth of five phases and was verified by electrical profiless. According to the information presented to the market by Petrobras, these findings They will be subsequently characterized by laboratory analysis.

Ecopetrol’s base of operations in Barranquilla

Ecopetrol

It is very satisfying for Ecopetrol to be able to confirm that we are on the right path. so that Colombians can have new sources of natural gas before the end of the decade. This announcement confirms that the Colombian Caribbean has an important gas province that will offer energy security for the country.”explained Elsa Jeanneth Jaimes, Vice President of Offshore.

In this consortium, the Brazilian oil company is the operator and has 44.44% of the stake, while Ecopetrol owns 55.56%.

(Recommended: Oil exploration activity would end in 2030 without new contracts)

This finding will be very relevant for the advancement of the company’s strategy so that volumes of gas can be put on the market quickly from this province and that would contribute to improving the balance of local production and consumption. In fact, Ricardo Roa, president of Ecopetrol, said that the goal is for offshore production to be on the market in 2029.

For the time being, the companies will continue with the drilling process and analysis of the results obtained to define the next steps.

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