Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, has provided an update on recent operational activity on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 percent beneficial interest.
Highlights
- Four wells brought on production: so far in H2 2025:
- AB-3 vertical well recompletion brought on production on September 5, 2025, and currently producing 840 BOPD gross (420 BOPD net).
- CN HZ13 brought on production on August 28, 2025, and currently producing 1,002 BOPD gross (501 BOPD net).
- CN HZ12 brought on production on August 5, 2025, and currently producing 532 BOPD gross (266 BOPD net).
- RCE HZ10 brought on production on July 16, 2025, and currently producing 200 BOPD gross (100 BOPD net).
- Strong balance sheet, no debt or drilling commitments. Arrow has flexibility in its work program, with multiple drill ready pads, and is actively exploring potential acquisition opportunities.
Production
Total corporate production is currently over 4,800 boe/d net reflecting contributions from wells that have recently been brought on production from the RCE, AB and CN pads.
Additional production is expected to be added during the third and fourth quarters as Arrow focuses on a low-risk exploration activity which has the potential to increase Arrow's reserves base and build up drilling inventory. During Q2 the Company invested significantly in water disposal infrastructure with Tapir block water disposal capability now over 130,000 barrels of water per day, further enabling the Company to increase production.
Drilling Operations - Tapir Block
Carrizales Norte field
On the Carrizales Norte field, the Company has recently drilled two development wells from the CN pad.
The Carrizales Norte HZ12 (CN HZ12) well was spud on July 18, 2025, and reached target depth on August 2, 2025. CN HZ12 targeted the Ubaque zone at Carrizales Norte field. The well was drilled to a total measured depth of 10,929 MD feet (8,419 feet true vertical depth).
On August 5, 2025, Arrow put the CN HZ12 well on production in the Ubaque formation with a total horizontal oil-bearing section of 423 MD feet. CN HZ12 is producing at a stabilized rate of 532 BOPD gross (266 BOPD net) with a water cut of 75%.
The Carrizales Norte HZ13 (CN HZ13) well was spud on August 6, 2025, and reached target depth on August 23, 2025. CN HZ13 targeted the Ubaque zone at Carrizales Norte field. The well was drilled to a total measured depth of 11,232 MD feet (8,500 feet true vertical depth).
On August 28, 2025, Arrow put the CN HZ13 well on production in the Ubaque formation with a total horizontal oil-bearing section of 797 MD feet. CN HZ13 is producing at a stabilized rate of 1,002 BOPD gross (501 BOPD net) with a water cut of 32%.
RCE Field
The Rio Cravo Este 10 horizontal (RCE HZ10) well was spud on June 24, 2025, and reached target depth on July 12, 2025. RCE HZ10 targeted the Ubaque zone at Carrizales Norte field. The well was drilled to a total measured depth of 10,940 MD feet (8,014 feet true vertical depth).
On July 16, 2025, Arrow put the RCE HZ10 well on production in the Ubaque formation with a total oil- bearing section of 1,040 MD feet. RCE HZ10 is producing at a stabilized rate of 200 BOPD gross (100 BOPD net) with a water cut of 72%.
Alberta Llanos field
At the Alberta Llanos field, the Company has recently recompleted the AB-3 vertical well targeting the C7 formation.
On September 5, 2025, Arrow put the AB-3 well on production in the C7 formation which has approximately 20 feet (true vertical depth) of oil charged sandstone. AB-3 is producing 840 BOPD gross (420 BOPD net) with a water cut of 73% and continues to clean up load fluid.
Drilling Schedule
Currently the drilling rig is moving to the Mateguafa Oeste field to drill an exploration vertical well (MO-1). The well is expected to spud mid-September and is targeting the Ubaque reservoir. On the basis of a successful exploration well at MO-1, the Company plans to drill four additional horizonal wells on the prospect. The exploration of Mateguafa Attic, Icaco, Macoya and the Capullo prospects are expected to follow the Mateguafa Oeste development.
Marshall Abbott, CEO of Arrow commented:
'The Carrizales Norte field continues to deliver with successful wells CN HZ12 and CN HZ13. Both horizontal wells have further developed the Carrizales Norte field. The success of these two horizontal wells proves future development potential at Carrizales Norte'
'The RCE HZ10 well drilled into the Ubaque was a successful exploration target. The well is on production, however, the reservoir is tighter than at Carrizales Norte. The Company is exploring completion techniques that could results in higher production results in the Ubaque at RCE.'
'The AB-3 recompletion at the Company's Alberta Llanos field is on production from the C7 and continuing to clean up. The original vertical well targeted the Ubaque and proved up the reservoir for the AB HZ4 and AB HZ5 wells. The C7 production is highly encouraging for future C7 development at both Alberta Llanos and the northern extent of the CN field.'
'We appreciate the support of our longstanding shareholder base as well as the dedication of our talented staff.'
Source: Arrow Exploration
