Page 6 - LatAmOil Week 23 2021

LatAmOil COLOMBIA LatAmOil

Frontera prepares to resume work

at CPE-6 after brief suspension

FRONTERA Energy (Canada) said on June 7 stated. It noted that two of the rigs in the compa-
that it was preparing to resume work at Block ny’s portfolio were already present at CPE-6 but
CPE-6 in Colombia. did not reveal when work on the next new well
The company made an announcement to this might begin.
effect several days after issuing a statement say- Frontera also said in its statement that
ing it was taking 3,600 barrels of oil equivalent Colombia’s National Hydrocarbons Agency
per day (boepd) of production capacity offline at (ANH) had agreed to expand the boundaries of
the site. It took that step last week in response to the CPE-6 block, which lies within the Llanos
the continued disruption of road traffic during a basin. This decision will add 115,869 acres (469
wave of widespread civil unrest over the Colom- square km) of land north of the Hamaca field to
bian government’s economic policies. the licence area, bringing the total up to 645,626
In its update, Frontera explained that it was acres (2,613 square km).
taking this step in response to the lifting of road According to previous reports, Frontera does
blockades in the municipality of Puerto Gaitan. not expect the temporary suspension of produc-
Those blockades had been impeding efforts to tion at CPE-6 to affect its production forecast for
transport production from CPE-6 and deliver this year. The company extracted about 39,000
essential operational supplies to its facilities at boepd in the first five months of 2021 and is
the oilfield, but conditions have improved, it slated to see yields average 40,500-42,500 boepd
said. over the full year. ™
“Regular transit in and out of the area has
resumed, and the company has begun process-
ing on-site inventory, rotating crews and deliv-
ering critical supplies to its CPE-6 location,” the
company reported.
“The company appreciates the support pro-
vided by the [Colombian] government and
communities to safely resolve the blockades,”
it commented. “Frontera will continue to work
with the communities, the government and
other operators in the area to address ongoing
concerns.”
The resumption of operations at CPE-6
will clear a path toward the drilling of 15 new
development wells and the construction of new
water-handling facilities at the block, Frontera
said. These efforts should help raise production
levels at the site by around 40% on 2020 levels, it CPE-6 is in the Llanos basin in central Colombia (Image: Frontera)

Black & Veatch to study AET’s

LNG-to-power project in Colombia

US-BASED Black & Veatch has won a contract establish an LNG import terminal and a 400-
for a feasibility study of the Andes Energy Ter- MW natural gas-fired thermal power plant
minal (AET) project, an LNG-to-power scheme (TPP) on the Aguadulce Peninsula near the
that would serve consumers in central and Pacific port of Buenaventura. These studies will
south-western Colombia. “build on commercial and technical work previ-
Black & Veatch will carry out commercial, ously completed by the sponsors” of the project,
engineering and technical studies for a plan to the company said in a press release last week.

P6 www. NEWSBASE .com Week 23 10•June•2021