Norwegian company Interoil Exploration and Production ASA has made progress in the Vikingo well, located in Colombia. Its subsidiary, Interoil Colombia Exploration and Production ( ICEP ), has successfully completed an intervention downhole.
Viking oil production increases
The operation involved the installation of a jet pump with an improved operational configuration, which enabled production to reach 400 barrels of oil per day ( bpd ), from a previous level of 105 bpd, resulting in a successful operational intervention for the Norwegian oil company.
However, production will stabilise at around 200 bpd . This increase optimises production, while reducing hydrocarbon extraction costs, registering significant operational efficiency for the company.
Leandro Carbone, CEO of Interoil , expressed his satisfaction with the results: “ This intervention reaffirms our confidence in the potential of our assets and our commitment to local communities .” This outlook improves the company’s goals compared to recent quarters.
The company continues to focus on sustainable growth, with an emphasis on environmental and social practices. In addition to optimizing existing oil wells , it is exploring new opportunities to expand its portfolio and generate long-term value.
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Source and photo: Interoil