Gibraltar is a producing conventional gas field located onshore Colombia and is operated by Ecopetrol. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Siriri and Siriri (Gibraltar). Buy the profile here.
Field participation details
The field is owned by Ecopetrol.
Production from Gibraltar
The Gibraltar conventional gas field recovered 38.20% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 0.75 thousand bpd of crude oil and condensate and 44.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 38.97 Mmboe, comprised of 3.57 Mmbbl of crude oil & condensate and 212.40 bcf of natural gas reserves. Gibraltar conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
Ecopetrol SA (Ecopetrol) is an integrated oil and gas company. It carries out exploration, development and production of oil and gas. It is also involved in refining of crude oil to produce petroleum products, besides transportation services. The company owns and operates refineries that produce a wide range of products including gasoline, diesel, kerosene, liquefied petroleum gas, and petrochemicals, including paraffin waxes, lube base oils, aromatics, asphalts, among others. It transports crude oil, motor fuels, fuel oil and other refined products including diesel and biofuels. The company has operational presence in Colombia, Peru, Brazil, Panama and the US Gulf Coast. It is majority owned by the Republic of Colombia. Ecopetrol is headquartered in Bogota, Colombia.
For more details on the Gibraltar Conventional Gas Field, buy the profile here.