Reliance, Ecopetrol farm into offshore Columbia blocks

Reliance Exploration and Production (REP) and Ecopetrol are farming into Borojo North block 42 and Borojo South block 43 offshore Colombia.

Offshore staff

MUMBAI, India -- Reliance Exploration and Production (REP) and Ecopetrol are farming into Borojo North block 42 and Borojo South block 43 offshore Colombia. Subject to government approval, Ecopetrol will acquire a 20% stake in the blocks while REP will retain 80% and operatorship.

The two deepwater blocks cover approximately 8,000 sq km (3,089 sq mi) in water depths ranging from 60 m to 1,500 m (197 ft to 4,921 ft). REP has acquired and processed 3,000 line km (1,864 mi) over the area. The company is scheduled to begin multi-beam bathymetry studies covering both blocks.

12/04/2009

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