BOGOTÁ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 24.Oct.2026, Words: ) — Quintana is beginning a new drilling campaign in the Aguada Bandera Anticline area, as part of the commitments made in the extension agreement signed in 2024.
The campaign includes the drilling of 4 wells, primarily targeting the Bajo Barreal formation.
Additionally, some of these wells will provide information on the D-129 formation, contributing new data for its evaluation, the Ministry of Energy and Mining of Santa Cruz reported on 24 Oct. 2026.
As part of the ongoing program, Quintana plans to begin a second drilling campaign between Jan.-Feb. 2027, specifically targeting the D-129 formation with unconventional resources.
For this phase, Quintana plans to incorporate a larger capacity drilling rig, suitable for reaching greater depths.
Investment: 2024-2035
These activities are part of the committed work plan established in the extension agreement, which includes an estimated investment of $39.4mn between 2024-2035.
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The program includes the drilling of 13 new wells, 2 unconventional fracturing operations in the D-129 formation, and various infrastructure interventions and investments.
It also includes the upgrading of existing facilities, the construction of new facilities, the addition of a water and polymer treatment plant, and the conversion of wells for water injection and production.
The launch of this campaign marks a new phase for hydrocarbon activity in Santa Cruz, in which the resumption of drilling programs and the incorporation of equipment are fundamental to increasing activity, sustaining employment, and revitalizing the network of companies and services linked to the industry.
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By Ana Sanches reporting from Bogotá. © 1999-2026 Energy Analytics Institute (EAI) and its 100% owned Venezuelan affiliate Editores Latin Petroleum CA. All Rights Reserved.
NOTE: all photos courtesy of Santa Cruz province.
