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November 22, 2021updated 27 Apr 2022 12:21pm

Bulo Bulo Conventional Gas Field, Bolivia

By Carmen

Bulo Bulo is a producing conventional gas field located onshore Bolivia and is operated by YPFB Chaco. The field is located in block Bulo Bulo and Chimore I.

Field participation details

The field is owned by Yacimientos Petroliferos Fiscales Bolivianos.


Production from Bulo Bulo

The Bulo Bulo conventional gas field recovered 79.35% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 3.55 thousand bpd of crude oil and condensate and 88 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 24.43 Mmboe, comprised of 2.39 Mmbbl of crude oil & condensate and 132.2 bcf of natural gas reserves. Bulo Bulo conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


About YPFB Chaco

YPFB Chaco SA (YPFB Chaco) is an oil and gas company that provides hydrocarbons exploration and production services. The company is headquartered in Bolivia.

Methodology

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.

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