Canacol to tie in Aguas Vivas 3 well in Colombia

Canacol Energy Ltd. will tie in production from the Argus Vivas 3 appraisal well and integrate drilling results of both Aguas Vivas 2 and 3 appraisals with existing 3D seismic to better define both the gas accumulation at Aguas Vivas and additional development locations for future drilling.

Argus Vivas 3 encountered 378 ft true vertical depth net gas pay with 22% average porosity within the Cienega de Oro (CDO) sandstone reservoir in the Magdalena basin of northwestern Colombia. The well was spudded on Aug. 11 and reached 8,000 ft measured depth on Aug. 17.

Upon completion and production tie in of Aguas Vivas 3, Canacol will mobilize the rig to drill the San Marcos exploration well which will further target gas within the CDO sandstone reservoir. Canacol expects drilling and completion to take about 4 weeks.

The wells are part of the company’s 2021 drilling program in which it expects to drill 12 wells (9 exploration, 3 development), all operated with 100% working interest (OGJ Online May 7, 2021).