Block 57 is a producing conventional gas field located onshore Peru and is operated by Repsol Exploracion Peru. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 57. Buy the profile here.
Field participation details
The field is owned by China National Petroleum and Repsol.
Production from Block 57
The Block 57 conventional gas field recovered 30.56% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 195.00 Mmcfd of natural gas and 10.73 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 10% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 237.25 Mmboe, comprised of 1,023.96 bcf of natural gas reserves and 66.60 Mmbbl of natural gas liquid reserves. Block 57 conventional gas field reserves accounts 0.08% of total remaining reserves of producing conventional gas fields globally.
For more details on the Block 57 Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
