It looks like the original N Structure "SW" block that VOGC talked about (making up the Greater N Structure) Post #: 59970349 was actually the Piedra prospect, now independently verified to be joined up to Alameda.
Piedra alone had a best estimate of 773m barrels OIP in 2018 (High estimate of 2,450m barrels OIP) which made it nearly the same size at the original N structure (best estimate 818m barrels OIP, High estimate 2,580m barrels OIP.)
Their original estimates look to be very conservative, which were 12,746 barrels OIP across the block (high estimate 44,151m barrels OIP)!
With a higher recovery factor this could be colossal!
Before drilling the Alameda-1 well, the then N structure was separated from the next structure to the
west - the Piedra prospect - by a faulted saddle (see Figure 2). Having now encountered oil in
Alameda-1 over such a large interval the two features are now considered to be part of the same,
larger, Alameda structure. McDaniel’s estimates for this Alameda reservoir are 2.3 billion barrels of
oil originally in place (OOIP) and a Prospective Resource of 148 million barrels of oil3
- a 3-fold
increase on the combined pre-drill assessment of Prospective Resource for the N and Piedra
structures of 50 million barrels of oil3
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- Ann: Alameda 1 Independent Resources Assessment (Alameda Res)
Ann: Alameda 1 Independent Resources Assessment (Alameda Res), page-144
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