Corcovado is a producing unconventional oil field located onshore Mexico and is operated by Ds Servicios Petroleros. The field is located in block A-0391-Ebano.
Field participation details
The field is owned by Petroleos Mexicanos, Diavaz CanElson de Mexico and China Petrochemical.
Production from Corcovado
The Corcovado unconventional oil field recovered 65.65% of its total recoverable reserves, with peak production in 1972. The peak production was approximately 1.01 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062.
Remaining recoverable reserves
The field is expected to recover 4.88 Mmboe, comprised of 4.77 Mmbbl of crude oil & condensate and 0.67 bcf of natural gas reserves. Corcovado unconventional oil field reserves accounts 0.01% of total remaining reserves of producing unconventional oil fields globally.
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.