KEYFACT Energy
ONGC Videsh has has made a significant strike of oil in its onshore block CPO-5, Colombia, in Llanos Basin.
OVL is the operator in the block with a 70 per cent stake, along with its partner Geopark.
To date, the discovery has demonstrated a sustained flow at 5,200 barrels of oil per day, with a cumulative production of over 3 million barrels of oil.
The company holds a participating interest in seven exploratory blocks in the Colombian oil and gas sector. In addition, it has an interest in two other producing blocks through a 50 per cent stake in JV company Mansarovar Energy Colombia.
KeyFacts Energy: GeoPark Colombia country profile l ONGC Videsh Colombia country profile