• Two new development wells, Indico 6 and Indico 7, tested over 11,000 bbl/d gross (in aggregate) with hardly any water (Indico 6: 6,270 bbl/d, Indico 7: 5,245 bbl/d). The wells are expected to be tied in later in 1Q23 and put on production at an initial constrained rate of 8 mbbl/d. This would take gross production from the field from ~20 mbbl/d in 4Q22 to 25-27 mbbl/d.
• Overall 4Q22 production was 38,433 boe/d, below our expectations of ~40.2 mboe/d as ~1,700 boe/d of net production was defer ....
20 Jan 2023
GeoPark Limited (NYSE: GPRK): Two new strong development wells at CPO-5
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GeoPark Limited (NYSE: GPRK): Two new strong development wells at CPO-5
- Published:
20 Jan 2023 -
Author:
Stephane Foucaud -
Pages:
5
• Two new development wells, Indico 6 and Indico 7, tested over 11,000 bbl/d gross (in aggregate) with hardly any water (Indico 6: 6,270 bbl/d, Indico 7: 5,245 bbl/d). The wells are expected to be tied in later in 1Q23 and put on production at an initial constrained rate of 8 mbbl/d. This would take gross production from the field from ~20 mbbl/d in 4Q22 to 25-27 mbbl/d.
• Overall 4Q22 production was 38,433 boe/d, below our expectations of ~40.2 mboe/d as ~1,700 boe/d of net production was defer ....