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December 2, 2021

La Cira Conventional Oil Field, Colombia

By Carmen

La Cira is a producing conventional oil field located onshore Colombia and is operated by Ecopetrol. The field is located in block La Cira Infantas and De Mares.

Field participation details

The field is owned by Ecopetrol and SierraCol Energy.


Production from La Cira

The La Cira conventional oil field recovered 70.32% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 31.76 thousand bpd of crude oil and condensate and 3 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 55.26 Mmboe, comprised of 52.07 Mmbbl of crude oil & condensate and 19.17 bcf of natural gas reserves. La Cira conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About Ecopetrol

Ecopetrol SA (Ecopetrol) is an integrated oil and gas company. It carries out exploration, development and production of oil and gas. It is also involved in refining of crude oil to produce petroleum products, besides transportation services. The company owns and operates refineries that produce a wide range of products including gasoline, diesel, kerosene, liquefied petroleum gas, and petrochemicals, including paraffin waxes, lube base oils, aromatics, and asphalts, among others. It transports crude oil, motor fuels, fuel oil and other refined products including diesel and biofuels. The company has operational presence in Colombia, Peru, Brazil, Panama and the US Gulf Coast. It is majority owned by the Republic of Colombia. Ecopetrol 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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