Gran Tierra Energy announces fifth oil discovery in Ecuador
Canadian company Gran Tierra Energy has announced an oil discovery at the Charapa-B6 well in Ecuador’s Oriente basin.
The Charapa-B6 well is the third oil discovery for Gran Tierra in 2024 and the fifth in Ecuador since the company restarted its exploration campaign after the COVID-19 pandemic.
It is situated just west of the recently announced Arawana-J1 and Bocachico Norte-J1 wells on the neighboring Chanangue block.
Gran Tierra said it has successfully run production casing, and cemented and perforated the Hollin oil zone, initiating production testing.
The Hollin oil zone was perforated over a 50ft reservoir interval, revealing 45ft of net pay based on log evaluation.
