Frontera to Plug, Abandon Delfin Sur-1 Exploration Well

Instant Max AI

(Energy Analytics Institute, Jared Yamin, 18.Aug.2018) – Frontera Energy Corporation declared the Delfin Sur-1 exploration well offshore Peru non-commmercial.

On August 12, 2018, the company completed drilling the well, located on the Z-1 block offshore. The well was drilled to a total measured depth of 7,228 feet in the Heath Formation, on time and on budget and evaluated the Zorritos Formation where hydrocarbon shows were encountered but not in sufficient quantities to justify further evaluation. The well is being plugged and abandoned, the company announced in an official statement. Future activity on the block is under evaluation.

Frontera has a 49% working interest in the well and is the technical operator. The company’s net capital cost of the well was approximately $14 million.

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