Caribbean exploration
Seismic surveying will kick start BP's offshore presence in Colombia
In late 2007, BP obtained explorations rights over two blocks just off Colombia’s northern coast on the Caribbean. Awarded by the National Hydrocarbons Agency, this acreage marks our first offshore participation in the country and highlights both confidence and commitment to additional investment in Colombia’s energy sector.
Blocks RC4 and RC5 total 622,000 hectares (388,000 miles) and are held by BP, Ecopetrol and Petrobras with 40.56%, 32% and 27.44% participation respectively.
Between August and October 2008 BP successfully completed the planned 3D seismic programme, covering 2,200 square kilometres in waters ranging from 30 to 2,600 metres deep. The seismic acquisition data was then processed and is currently being assessed for hydrocarbon prospectivity. Further activity such as an exploratory well depends entirely on this assessment exercise, which will run through to 3Q 2009.
Between August and October 2008 BP successfully completed the planned 3D seismic programme, covering 2,200 square kilometres in waters ranging from 30 to 2,600 metres deep. The seismic acquisition data was then processed and is currently being assessed for hydrocarbon prospectivity. Further activity such as an exploratory well depends entirely on this assessment exercise, which will run through to 3Q 2009.
Environment and society
Safe, environmentally sound operations, while undertaking social investment programmes
