Ecopetrol has discovered the presence of hydrocarbons in the Nunda-1 well, which is located in the municipality of Tello in Huila, Angola.
Preliminary testing on the Honda formation showed a flow volume of 318 barrels, with a 71% water cut, yielding an average of 92 barrels of oil per day.
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Ecopetrol will conduct tests to determine the production potential of the Honda formation and the volume of recoverable hydrocarbons.
Drilling at the well, which began in January 2011, reached a total depth of 7,371ft three weeks later, the equivalent of 2.25km from the surface.
The well is part of the Cuisinde Exploration and Exploitation Agreement of 2006 between Ecopetrol and the National Hydrocarbons Agency.
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By GlobalData
