The company, which owns 45% working interest in the Llanos 34 Block, has drilled the Tigana Norte 1 well to a total depth of 12,141ft.
A test has also been conducted at approximately 11,557ft and resulted in a production rate of approximately 1,061 barrels of oil per day (bopd) of 14.6 ° API, with a 0.49% water cut, through a choke of 24/64 inches and well head pressure of 235 pounds per square inch, the company said in a statement.
GeoPark CEO James Park said the Tigana Field production, in less than seven months, has grown from zero to 8,500 bopd gross.
"The extension of the Tigana Field is encouraging and we salute our team in successfully discovering, developing, building the necessary infrastructure and putting into production this field in record time," Park added.
"We also believe the new larger combined Tigana Field interpretation will positively impact the field’s reserves and development potential."
Currently, the field is producing over 8,500 bopd gross from the 5 wells drilled till date.
The company is also conducting further development and appraisal drilling on the Tigana Field complex, including the Tigana Sur Oeste 1 well that is currently being completed.
