{"id":9939,"date":"2014-07-10T16:06:56","date_gmt":"2014-07-10T21:06:56","guid":{"rendered":"https:\/\/www.geo-park.com\/?post_type=press_releases&#038;p=9939"},"modified":"2023-03-16T10:21:13","modified_gmt":"2023-03-16T15:21:13","slug":"geopark-announces-new-tigana-norte-1-oil-discovery-and-tigana-field-extension-in-block-llanos-34-in-colombia","status":"publish","type":"press_releases","link":"https:\/\/www.geo-park.com\/es\/press_releases\/geopark-announces-new-tigana-norte-1-oil-discovery-and-tigana-field-extension-in-block-llanos-34-in-colombia\/","title":{"rendered":"GeoPark Announces New Tigana Norte 1 Oil Discovery and Tigana Field Extension in Block Llanos 34 in Colombia"},"content":{"rendered":"<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>GeoPark Limited (\u00abGeoPark\u00bb) (NYSE: GPRK), the Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia, Brazil and Argentina, today announces the discovery of the Tigana Norte 1 oil well on its Llanos 34 Block in Colombia. GeoPark is the Operator of and has a 45% working interest in the Llanos 34 Block.<\/p>\n<p>GeoPark drilled and completed the Tigana Norte 1 well to a total depth of 12,141 feet. A test conducted with an electrical submersible pump in the Guadalupe formation, at approximately 11,557 feet, resulted in a production rate of approximately 1,061 barrels of oil per day (\u201cbopd\u201d) of 14.6 \u00b0 API, with a 0.49% water cut, through a choke of 24\/64 inches and well head pressure of 235 pounds per square inch. Further production history will be required to determine stabilized flow rates of the well.<\/p>\n<p>Production and reservoir analyses from the Tigana 1, 2 and 3, Tigana Sur 1 and Tigana Norte 1 wells on the Llanos 34 Block now indicate that three previously delineated fields and prospects form part of a single larger combined (structural and stratigraphic) trap and field, productive from the Cretaceous Guadalupe and Tertiary Mirador formations. The field is currently producing over 8,500 bopd gross from the 5 wells drilled and completed to date. The Company is carrying out further development and appraisal drilling this year on the Tigana Field complex, including the Tigana Sur Oeste 1 well that is currently being completed. Preliminary results suggest that the stratigraphic component of the trap could enhance the exploration potential of the Llanos 34 Block area.<\/p>\n<p><a href=\"https:\/\/www.geo-park.com\/wp-content\/uploads\/2023\/02\/Geopark-Announces-New-Tigana-Norte-1-Oil-Discovery-and-Tigana-Field-Extension-in-Block-Llanos-34-in-Colombia.pdf\" target=\"_blank\" rel=\"noopener\"><b>\u2192 <\/b>Read the full press release.<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GeoPark Limited (\u00abGeoPark\u00bb) (NYSE: GPRK), the Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia, Brazil and Argentina, today announces the discovery of the Tigana Norte 1 oil well on its Llanos 34 Block in Colombia. GeoPark is the Operator of and has a 45% working interest in the Llanos 34 Block.<\/p>\n","protected":false},"template":"","press_releases_solution":[],"class_list":["post-9939","press_releases","type-press_releases","status-publish","hentry"],"acf":{"location_p_r":"","lead_p_r":"","external_link":"","gallery_p_r":null},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GeoPark Announces New Tigana Norte 1 Oil Discovery and Tigana Field Extension in Block Llanos 34 in Colombia - GeoPark<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.geo-park.com\/es\/press_releases\/geopark-announces-new-tigana-norte-1-oil-discovery-and-tigana-field-extension-in-block-llanos-34-in-colombia\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GeoPark Announces New Tigana Norte 1 Oil Discovery and Tigana Field Extension in Block Llanos 34 in Colombia - GeoPark\" \/>\n<meta property=\"og:description\" content=\"GeoPark Limited (&quot;GeoPark&quot;) (NYSE: GPRK), the Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia, Brazil and Argentina, today announces the discovery of the Tigana Norte 1 oil well on its Llanos 34 Block in Colombia. 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