WorldWide Drilling Resource

36 JULY 2014 WorldWide Drilling Resource ® Oil Field Discovery in Colombia Adapted from Information Provided by GeoPark Geopark Limited, the Latin American oil and gas explorer, operator, and con- solidator with operations and produc- ing properties in Chile, Colombia, Brazil, and Argentina, announced successful drilling and testing of the new Aruco 1 exploration well in the Llanos 34 Block in the central Llanos basin of Colombia. GeoPark operates and has a 45% work- ing interest in the Llanos 34 Block. GeoPark drilled the Aruco 1 well to a total depth of 10,705 feet, and a test conducted with an electrical submersible pump into the formation resulted in a production rate of approximately 1154 gross barrels of oil per day (bpd). Further production history will be required to determine stabilized flow rates and the extent of the reservoir. The Aruco discovery represents the sixth new oil field discovery by GeoPark on the Llanos 34 Block in Colombia. Since acquiring the block in 2012, with no production or reserves, GeoPark has grown production to over 15,000 bpd gross (over 6700 bpd net). According to James F. Park, CEO of GeoPark, the company has a strong position in Colombia, one of GeoPark's key drivers along with Chile and Brazil. Geopark has an ambitious risk-balanced work plan for 2014 with 50-60 new wells. The company plans to continue build- ing an enduring upstream business in the high-potential Latin American hydro- carbon market. Descubrimiento de Yacimiento Petrolero en Colombia Adaptado de Información proporcionada por GeoPark Geopark Limited, explorador de petróleo y gas Latino Americano, ope- rador y consolidado con operaciones y propiedades de producción en Chile, Colombia, Brasil y Argentina, anunció que la perforación y pruebas del nuevo pozo de exploraciónAruco 1 en la cuadra Llanos 34 en la parte central de los Llanos en la cuenca de Colombia fue Hector Leos Translator un éxito. GeoPark opera y tiene un interés de trabajo del 45% en los Llanos de la cuadra Llanos 34. GeoPark perforó el pozo Aruco 1 a una profundidad total de 10,705 pies, y pruebas real izadas con una bomba eléctrica sumergible en la formación que dio lugar a una tasa de producción de aproximadamente 1154 barri les brutos de petróleo por día (bpd). Se requerirá un historial de producción para determinar los volúmenes de flujo estabilizados y la dimensión del depósi- to. El descubrimiento Aruco represen- ta el sexto y nuevo descubrimiento yacimiento de petróleo por GeoPark en la cuadra 34 de los Llanos en Colombia. Desde que adquirió esa cuadra en 2012, sin producción o reservas, GeoPark ha aumentado la producción a más de 15,000 bpd brutos (más de 6.700 bpd netos). De acuerdo a James F. Park, ge- rente ejecutivo de GeoPark, la com- pañía tiene una posición muy fuerte en Colombia, uno de los principales impul- sores de GeoPark junto con Chile y Brasil. Geopark tiene un ambicioso plan de trabajo para 2014 con un riesgo equilibrado, con 50 o 60 nuevos pozos. La compañía planea continuar con la construcción de un negocio de cre- cimiento duradero en el mercado de alto potencial de hidrocarburos de América Latina. In Memoriam Amos Lloyd Savoy (1934~2014) WWDR was saddened to hear from GEFCO/King Oil Tools of the passing of Amos Lloyd Savoy on May 19, 2014. Lloyd was born in Eunice, Louisiana, and graduated from St. Edmond Catholic School. Shortly after meeting and marrying the love of his life, Ursula “Sis” in 1954, he began a long and prosperous career in the oilfield industry. Lloyd started with Oilwell Supply Division, United States Steel. Although he left for a short time to pur- sue the insurance industry, his true passion was in oil, so he returned to Oilwell. After retirement, Lloyd and Sis enjoyed spending time with family and friends; but work always seemed to call him back. He was then employed at King Oil Tools until the time of his passing. Enjoying family and friends, relaxing on the river, and hunting white tail deer in West Texas were what he treasured most. Lloyd is survived by Sis; daughter Debra (Jeff); sons Keith (Karin) and Amos (Kay); five grandchildren, and four great-grandchildren. The management and staff of WWDR send their sincere condolences to Lloyd’s family, friends, and colleagues. WWDR photo of Lloyd at the 2009 Offshore Technology Conference.