Gigante is a producing conventional oil field located onshore Colombia and is operated by Emerald Energy Plc Sucursal Colombia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Matambo. Buy the profile here.

Field participation details

The field is owned by Ecopetrol and Sinochem Holdings.

Production from Gigante

The Gigante conventional oil field recovered 66.66% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 5.07 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046.

Remaining recoverable reserves

The field is expected to recover 4.44 Mmboe, comprised of 4.44 Mmbbl of crude oil & condensate.

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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.