Arrow Exploration Corp.'s exploration well AB-1 in Colombia's Llanos Basin has reached its target depth, paving the way for production testing and potential for new reserves and production.
Arrow Exploration Corp. announced that its exploration well, Alberta Llanos-1 ('AB-1'), on the Tapir Block in Colombia 's Llanos Basin reached its target depth of 9,960 feet (8,846 feet True Vertical Depth) on December 13th, 2024. The well targeted a major, three-way fault-bounded structure with multiple high-quality reservoir objectives.
Initial log interpretation revealed four main hydrocarbon-bearing reservoirs with a total true vertical depth of 121 feet, including the C7, Gacheta, Guadalupe, and Ubaque formations. Arrow plans to start production testing shortly. The company expressed optimism about the well's results, stating that it could lead to increased production, reserves, and a new core area for Arrow with additional development wells. The Ubaque and Guadalupe reservoirs, in particular, show significant potential for horizontal well exploitation. Following production testing at AB-1, the rig will immediately move to drill AB-2 to further evaluate the discovery. Arrow expects to provide updates on the AB-1 completion and ongoing work programs in Colombia
Arrow Exploration Colombia Llanos Basin AB-1 Well Exploration Hydrocarbon Production Testing Reserves
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