Matachin Norte is a producing conventional oil field located onshore Colombia and is operated by Hocol. The field is located in block Espinal.
Field participation details
The field is owned by Ecopetrol.
Production from Matachin Norte
The Matachin Norte conventional oil field recovered 90.42% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 5.87 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029.
Remaining recoverable reserves
The field is expected to recover 1.87 Mmboe, comprised of 1.76 Mmbbl of crude oil & condensate and 0.66 bcf of natural gas reserves.
Hocol SA operates as a hydrocarbon exploration and production company. It has exploration and oil operations in the upper and middle Magdalena valleys, including the San Francisco field, and Central Plains (Llanos) regions of Colombia, as well as in Lake Maracaibo, Venezuela.
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.