Boranda is a producing heavy 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 Playon (Exploration) and Boranda. Buy the profile here.

Field participation details

The field is owned by Ecopetrol and Parex Resources.

Production from Boranda

The Boranda heavy oil field recovered 23.09% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 0.50 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2060.

Remaining recoverable reserves

The field is expected to recover 1.78 Mmboe, comprised of 1.78 Mmbbl of crude oil & condensate.

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 Boranda Heavy Oil Field, buy the profile here.

GlobalData

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.