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 85.41% 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 2040. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 53.58 Mmboe, comprised of 53.58 Mmbbl of crude oil & condensate. Cano Limon conventional oil field reserves accounts 0.01% 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.