Canacol Energy makes discovery at Siku 1, Colombia
Canacol Energy Ltd., Calgary, made a gas discovery at its Siku 1 exploration well in Colombia. The company completed casing the well and will return with a workover rig in early 2022 to complete and tie the well into permanent production.
Siku 1 was spudded on Nov. 12 and reached total depth of 8,825 ft measured depth on Nov. 20. It encountered 33 ft true vertical depth of net gas pay with an average porosity of 20% within the primary Cienaga de Oro sandstone reservoir target.
In November, the company’s overall gas sales averaged 182 MMscfd. Realized contractual natural gas sales (gas produced, delivered, and paid for) were 182 MMscfd for November.
Remaining 2021 drilling program
The rig is currently mobilizing to drill the Clarinete 6 development well, which will target gas bearing sandstones within the CDO sandstone reservoir, the main producer within Clarinete gas field. Clarinete 6 is expected to take about 5 weeks to drill and complete and will be tied into permanent production by late January 2022.
Canacol operates over 1.5 million net acres in 10 exploration and production gas contracts in Colombia in the Lower and Middle Magdalena basin.
Mikaila Adams | Managing Editor - News
Mikaila Adams has 20 years of experience as an editor, most of which has been centered on the oil and gas industry. She enjoyed 12 years focused on the business/finance side of the industry as an editor for Oil & Gas Journal's sister publication, Oil & Gas Financial Journal (OGFJ). After OGFJ ceased publication in 2017, she joined Oil & Gas Journal and was named Managing Editor - News in 2019. She holds a degree from Texas Tech University.