Perenco Colombia has recently made significant strides in its oil production capabilities by successfully drilling three new development wells in the Paravare and Chaparrito fields. These achievements stem from meticulous analysis by the geoscience team, which utilized detailed seismic data to identify new channels rich in oil reserves. This advancement not only enhances Perenco’s operational capacity but also reinforces the company’s strategic focus on expanding its presence in Colombia’s oil sector. The Paravare field, which previously had two operational wells, saw the introduction of a third well, PRV-03, aimed at amplifying production volumes. The implementation of an electro submersible centrifugal pump has enabled this well to yield around 500 barrels of oil per day, significantly contributing to the optimization and overall efficiency of operations in the area.
The success of the drilling campaign was not limited to the Paravare field; the Chaparrito field experienced remarkable outcomes as well. The drilling of three additional wells—CHP-03, CHP-04, and CHP-05—has led to promising production rates of 2,300 bopd, 3,380 bopd, and 550 bopd, respectively. Collectively, the results from these wells and the overarching successful drilling campaign have covered the entire fairway of the Chaparrito field, which now constitutes approximately 40% of Perenco Colombia’s total production. This significant production increase highlights the effectiveness of the drilling campaign and aligns with the company’s goal of bolstering its output in the region.
In light of these exceeding results, Perenco Colombia is actively looking to build on this momentum. The company plans to reprocess existing seismic data to discover new channels for potential oil extraction, indicating a forward-looking strategy aimed at continuous growth. Conducted during Colombia’s dry season, the drilling campaign not only marked an operational achievement but also embraced a collaborative approach with local communities, fostering relationships that are crucial for sustainable development in the region. This partnership emphasizes the importance of community engagement in project execution, which is vital for securing local support and ensuring the successful operation of Perenco in Colombia.
Perenco Colombia’s general manager, Gaël Piardet, stated that these discoveries are a testament to the hard work and expertise of the company’s teams. He further emphasized that these developments endorse the ongoing investment strategy in Colombia. The company’s objective going forward includes replicating this success by continuing the reprocessing of seismic data and committing to an annual drilling agenda of two development wells and one exploration well in the coming years. This ambitious plan underscores the company’s confidence in its operational capabilities and the significant oil reserves that remain untapped in Colombia.
In addition to operational strategies, Perenco is dedicated to implementing rigorous environmental protection measures and initiatives aimed at supporting regional economic growth. The company recognizes the importance of responsible resource exploitation and is committed to collaborating closely with Colombian authorities and local communities to ensure that its operations yield benefits for all stakeholders involved. This approach reflects an understanding of the broader impacts of oil extraction and the responsibility of the company to foster sustainable practices in the industry.
Overall, the recent drilling successes by Perenco Colombia signal a robust outlook for the company and the South American oil sector. The substantial discoveries made in both the Paravare and Chaparrito fields not only enhance Perenco’s production capabilities but also serve as an impetus for ongoing exploration and development efforts. As the company continues to invest in Colombia and focus on maximizing its production potential, its strategies and collaborations with local communities underscore a commitment to both operational excellence and sustainable development in the region.
