(Energy Analytics Institute, Piero Stewart, 19.May.2019) — Petroamazonas EP’s production of crude oil in the first four months of 2019 peaked at 428,780 barrels per day of equivalents, up 5.42% compared to average production of 406,738 barrels per day of equivalents at the close of 2018, the company announced 19 May 2019 in an official statement.
The company didn’t say exactly when production peaked or where production was currently.
However, incremental production increases during the four month period were registered mainly at Block 43-ITT as well as at Sacha Block 60 and Block 61, due to implementation of secondary recovery and other drilling activities.
Production has also been impacted by drilling campaigns initiated in November 2018 at four fields from the Minor Fields Round or “Ronda de Campos Minores” including Drago, Guanta-Dureno, Parahuacu and Paka Norte, Petroamazonas said.
Petroamazonas is currently conducting 22 secondary recovery projects that aim to maintain reservoir pressure and allow the crude to migrate towards the wells. In the first four months of 2019, around 2.19 million barrels of oil has been recovered due to these activities, the company said.
© Energy Analytics Institute (EAI)