The oil and gas oil and gas is moving towards an unprecedented challenge, with plans to drill the world’s deepest oil and gas well in Colombian waters.
Occidental Petroleum Corp. and Ecopetrol SA will lead this initiative, which will begin with the drilling of the Komodo-1 well in the country’s Caribbean waters before the end of the year. With a depth of close to 3,900 meters (about 13,000 feet), this exploration will surpass the current record set in Angolamarking a new chapter in offshore exploration. offshore exploration.
Colombia in the race for ultra-deep oil and gas
In the global context, the oil and gas oil and gas industry is redirecting its focus to the deep offshore, driven by the slowdown in production from shale fields in North America.
According to SLB, the world’s leading provider of oilfield services, more than $100 billion in commitments are projected for offshore projects between 2024 and 2025. This trend reflects a resurgence in deepwater exploration, driven by the increasing demand for energy and the need to diversify sources of supply.
It is important to mention that technology plays a crucial role in this effort. Exploration of the Komodo-1 well has been facilitated by advances in marine seismic technology, which allow exploration at greater depths and with greater precision. Elsa Jaimes, head of offshore operations for EcopetrolElsa Jaimes, head of offshore operations for Ecopetrol, stresses that Colombia is taking advantage of these innovations to explore its offshore potential, especially as some onshore reserves are depleted.
Interest in deepwater exploration is not new, but it has gained momentum in the last decade, after a period of expansion followed by downturns in oil markets in 2014 and 2016. This year, more than 40 wells are expected to be drilled in ultra-deepwater worldwide, which would mark 2024 as a record year for offshore drilling activity.
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Source: worldoil
Photo: Shutterstock
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