Current oil production from the NBM Field is currently on average flowing in excess of 500 bopd for the last 10 days. The current production comes from two wells: Nancy-1 with an average oil production of 400 bopd and Burdine-5 with a steady flow of 100 bopd after an acid job has been carried out earlier this year aimed at removing wellbore damage.

Unfortunately the Putumayo region was the scene of a series of terrorist attacks at the end of 2013. The NBM Field was attacked by the guerrillas, causing both temporary shut down of oil production and damage to our surface equipment in the field. Security has been increased in the immediate area to minimise the risk of further attacks in future.

Tags: Baron Oil