Interoil Exploration and Production ASA, a Norwegian-based exploration and production company with a focus on Latin America, has announced that its Colombian subsidiary has carried out a downhole intervention to the Vikingo well.
Interoil Colombia Exploration and Production (ICEP) successfully completed the project which included the installation of a jet pump with a modified operational configuration. In doing so, it raised production levels from 105 barrels of oil per day (bopd) up to an impressive 400 (bopd). Production is expected to stabilise at around 200 bopd and the intervention has also improved operational efficiency by reducing lifting costs with the new jet pump configuration.
“This intervention reaffirms Interoil’s confidence in the potential of our assets,” remarked Leandro Carbone, CEO of Interoil. “We are committed to maximising the value of our fields while creating lasting benefits for the local communities, our employees, and shareholders.”
The success of the project has been described by the company as a commitment to optimising production efficiency, extending the economic life of its assets, achieving social and environmental objectives, and exploring opportunities to expand its asset portfolio.
