According to the company, the Corcel-D2 well was initially drilled to a total depth of 12,762ft and completed with a seven-inch liner. The liner cementing operation was unsuccessful and attempts to cut and pull the liner from the well were also unsuccessful.
The liner was cement squeezed and abandoned and a sidetrack was drilled approximately 15ft away from the original wellbore where a new seven-inch liner was run and cemented.
Petrominerales said that the initial 50% water cut is likely a result of crossflow from water bearing zones encountered in the original wellbore and as a result does not fully reflect the ultimate initial oil production potential of the Mirador formation.
The Corcel-D1 well is presently offline and the company is currently performing a workover to complete the Mirador formation following premature water break through in the Guadalupe perforations.
Petrominerales is a Latin American-based exploration and production company producing oil in Colombia with 17 exploration blocks covering a total of 1.9 million acres in the Llanos and Putumayo Basins and 2.6 million acres in the Ucayali Basin of Peru. Petrominerales is 76.4% owned by Petrobank.
