Andina is a producing conventional oil field located onshore Colombia and is operated by Parex Resources Colombia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Capachos. Buy the profile here.
Field participation details
The field is owned by Ecopetrol and Parex Resources.
Production from Andina
The Andina conventional oil field recovered 58.12% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 6.70 thousand bpd of crude oil and condensate and 5.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 5.49 Mmboe, comprised of 3.48 Mmbbl of crude oil & condensate and 12.07 bcf of natural gas reserves.
About Parex Resources Colombia
Parex Resources Colombia Ltd (Parex Resources) is an oil and gas exploration and development company. Parex Resources is headquartered in Colombia.
For more details on the Andina Conventional Oil Field, buy the profile here.