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December 2, 2021

Cano Limon Conventional Oil Field, Colombia

By Carmen

Cano Limon is a producing conventional oil field located onshore Colombia and is operated by SierraCol Energy Arauca. The field is located in block Cravo Norte.

Field participation details

The field is owned by Ecopetrol, SierraCol Energy and Repsol.


Production from Cano Limon

The Cano Limon conventional oil field recovered 76.27% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 70.72 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 95.35 Mmboe, comprised of 95.35 Mmbbl of crude oil & condensate. Cano Limon conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.


About SierraCol Energy Arauca

SierraCol Energy Arauca LLC (OSierraCol Energy) is a Colombian based oil and gas company. It is involved in exploration and production of natural gas and drilling services. The company operates as a subsidiary of Occidental Petroleum Corporation. SierraCol Energy is headquartered in Bogota, Colombia.

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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