Petrobras has achieved gas discovery in Uchuva-2 well in Colombia and expected to reveal drilling results by 2024.

The discovery was made during the fourth drilling phase of the deepwater Uchuva-2 well in the Tayrona block.

“The well is in progress, with five phases, and the gas-bearing interval was verified at phase 4 through wireline logging, which will be further characterized through laboratory analyses,” said Petrobras.

Petrobras, which holds 44.44% operating interest, will continue operations of the project in cooperation with Ecopetrol, which holds 55.56% interest.

Upon reaching the expected drilling depth the companies will characterize the conditions of the reservoirs found, with the prediction of carrying out a formation test by 2024.

According to Reuters this promising area off Colombia’s coast could hold a great amount of gas to supply natural gas to the country and for exports.