Arauco is a producing heavy oil field located onshore Colombia and is operated by Frontera Energy Colombia. The field is located in block Cubiro and Cubiro (Arauco).
Field participation details
The field is owned by Frontera Energy.
Production from Arauco
The Arauco heavy oil field recovered 96.55% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 1 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.
Remaining recoverable reserves
The field is expected to recover 0.04 Mmboe, comprised of 0.04 Mmbbl of crude oil & condensate.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.