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July 28, 2015

Ecopetrol discovers hydrocarbons in Colombia’s ultra-deepwater

Ecopetrol has announced that the Kronos-1 well discovered hydrocarbons in ultra-deepwater of Colombian south Caribbean area at a depth of 3,720m.

Ecopetrol has announced that the Kronos-1 well discovered hydrocarbons in ultra-deepwater of Colombian south Caribbean area at a depth of 3,720m.

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Located in block Fuerte Sur 53km offshore, the Kronos-1 well is 50% owned by Anadarko (operator), and the remaining 50% by Ecopetrol.

After completing drilling at a water depth of 1,584m, the well reached a total depth of 3,720m and encountered a net pay thickness between 40m to 70m of gas bearing sandstones.

"These results are very important and confirm the potential of the Colombian Caribbean petroleum system in a vast area."

Ecopetrol president Juan Carlos Echeverry said: "This discovery adds to the one accomplished in December at the Orca-1 well, located in the deepwater of Tayrona block offshore Guajira, where we are partners with Petrobras, Repsol and Statoil.

"These results are very important and confirm the potential of the Colombian Caribbean petroleum system in a vast area and are aligned with Ecopetrol´s new strategy, in which one of the key areas is the exploration on high potential marine basins."

The drillship Bolette Dolphin will move to Fuerte Norte Block to continue drilling Calasu-1 well after completing activities at Kronos-1 well.

Calasu-1 well is located 145km north-east of Kronos-1.

The Ecopetrol – Anadarko partnership carried out exploration activities in the South Caribbean in blocks Fuerte Norte, Fuerte Sur, COL5, URA4 and Purple Angel in 2012.

Ecopetrol has exploration and production activities in Brazil, Peru, and the US (Gulf of Mexico).

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Carbon Capture, Utilization, and Storage set to play key role in reducing global emissions

Carbon Capture, Utilization, and Storage (CCUS) has emerged as one of the key technologies set to reduce carbon emissions, proving especially useful in projects where eliminating all process emissions is not possible  As a result, Oil & Gas companies are investing in CCUS projects as part of ongoing strategies to reduce their emission footprint and boost sustainability efforts.   Our recent report, CCUS Strategies in Oil and Gas, reveals that the energy sector accounts for approximately three-quarters of total greenhouse gas emissions and has a key role to play in reducing global warming over the coming decades.   Our report will help you:  
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  • Analyze CCUS plant trends 
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