Chaco Conventional Oil Field, Peru

Chaco is a producing conventional oil field located onshore Peru and is operated by Sapet Development Peru. The field is located in block Block VI.

Field participation details

The field is owned by China National Petroleum.

Production from Chaco

The Chaco conventional oil field recovered 100.00% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.06 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2021.

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.