Drilling of the SCHAR-500 well began in Sacha, province of Orellana

This Petroecuador release was published using machine translation.

EP Petroecuador technicians began drilling the first SCHAR-500 well, on the SACHA AR platform (Sacha 500), in the field of the same name, in Orellana. In this location, it is planned to drill nine wells with which it is expected to achieve a production of about 5,000 additional barrels of oil per day (bppd), until the end of 2024.

The investment made for the construction of platform 500, which includes civil and electromechanical works and purchase of equipment, was USD 12 million.

The release and completion of the work took 250 days. For the development of this project, 70% of local labor was hired, in accordance with the Amazon Law.

This drilling campaign will have technology that allows sustainable production, guaranteeing care for the environment and communities. At present, the Sacha field has: four drilling towers and five workover towers.

During the last month, the Sacha field recorded an approximate production of 80,000 barrels of oil per day (bppd). The estimated reserves are 342 million barrels.