Ecopetrol Updates on US GoM Parmer Prospect

Ecopetrol Update on US GoM Parmer Propect

Ecopetrol S.A., through its affiliate Ecopetrol America Inc., provided the results of the Parmer Prospect, deepwater Gulf of Mexico.

The Parmer prospect #1 is located on Green Canyon 867, at a depth of 18,900 ft (5,760 meters), which allowed for several pressure readings and the collection of several fluid samples from Miocene sands. The data indicate a column of approximately 240 ft (73 meters) of net condensate-rich gas pay, as prospect as one of 40 ft (12 meters) of net oil pay. In the coming months, Ecopetrol and its partners will reprocess 3-D seismic data and determine a comprehensive delimitation and development plan according to these results.

The two Parmer leases (GC 823 and GC 867) are located within the Green Canyon protraction area, at a depth of approximately 4,200 ft (1,280 meters) underwater. Each covers an area of 5,760 acres (23.3 square kilometers) and is located approximately 143 miles (230 km) from Louisiana.

Ecopetrol America has a 30% interest in the Parmer Prospect. Its partners are Stone Energy, and Apache that is the prospect’s operator.

The Parmer discovery is Ecopetrol’s second deepwater discovery in the Gulf of Mexico, one of the regions with the highest oil hydrocarbon potential in the world.

The results are expected to assist in Ecopetrol S.A.’s strategy to attain a production level of 1.0 million clean barrels of oil equivalent a day by 2015, and 1.3 million clean barrels by 2020.

Press Release, August 20, 2012

Share this article

Follow Subsea World News

Events>

<< Sep 2016 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

Marine Renewable Energy Research Day

As part of the MERIKA project, the University of the Highlands and Islands is organising a Marine Renewable Energy Research Day in Brussels…

read more >

WindEnergy Hamburg 2016

The international trade fair, WindEnergy Hamburg, will provide a comprehensive overview of the current status and future prospects …

read more >

Asia-Pacific Deep Sea Mining Summit 2015

The Asia-Pacific Deep Sea Mining Summit 2015 is the only event of its kind to deliver leading market intelligence and industry presentations…

read more >

Platts 11th Annual Pipeline Development and Expansion

Network with industry executives discussing capacity and demand for pipeline infrastructure and hear the latest case studies on new…

read more >