Medano is a producing conventional oil field located onshore Peru and is operated by Petroperu. The field is located in block Block I.
Field participation details
The field is owned by Petroperu.
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Production from Medano
The Medano conventional oil field recovered 73.14% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 0.07 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
Remaining recoverable reserves
The field is expected to recover 0.1 Mmboe, comprised of 0.1 Mmbbl of crude oil & condensate.
About Petroperu
Petroperu SA (Petroperu) is a state-owned oil and gas company that offers transportation, refining, distribution and commercialization of fuels and petroleum products. The company offers vehicular, aviation, marine, industrial and domestic products. Its vehicular products include GLP, gasohol, gasoline super plus, diesel B5 and diesel ultra. Petroperu’s industrial products comprise industrial oils, solvents and naphthenic acid. The company distributes petroleum products through pipeline, and marine and inland waterway fleets. It markets its products through its own and contracted fuel stations. The company also operates petroleum refining units such as talara refinery, refinery conchan, iquitos refinery, refinery el milagro and refinery pucallpa. Petroperu is headquartered in Lima, Peru.
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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