Ecopetrol farmed out 50% WI in its northern Llanos Basin LLA-39 Block to Occidental Oil and Gas Corp (Oxy) in Q3 2018, industry sources said in November. Oxy will assume operatorship of the block, it is understood. The tract lies adjacent to the Occidental de Colombia JV (OxyCol - Oxy 75%, Repsol 25%) northern Llanos basin portfolio: Rondon, Cosecha and Chipiron (Cravo Norte ADY). OxyCol is currently progressing with a five well exploration programme across their northern Llanos acreage, which kicked off with the Pulpo-1 NFW in September 2018. The well was P&A. Other wells included the P&A Chipiron Far North-1, and the Cosecha-C-01 NFW. The Finn-1 well is expected to spud before the end of 2018. The LLA-39 Block has been undrilled since two dry prospects spudded in the late 1980s. The new block ownership is Oxy, 50% WI, with Ecopetrol holding the remaining 50%. Oxy also acquired the neighbouring LLA-52 during Q3 2018 (see related article).
Colombia (Llanos B.)	Ecopetrol farmed out 50% WI in LLA 39 Block to Oxy.