Guaco is a producing conventional oil field located onshore Colombia and is operated by GeoPark Colombia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Lla 34. Buy the profile here.
Field participation details
The field is owned by GeoPark and Parex Resources.
Production from Guaco
The Guaco conventional oil field recovered 73.87% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 0.21 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 0.05 Mmboe, comprised of 0.05 Mmbbl of crude oil & condensate.
About GeoPark Colombia
GeoPark Colombia SA, is a subsidiary of GeoPark Ltd, is engaged in the exploration and production of oil and gas. It also operates upstream projects. The company is headquartered in Bogota, Colombia.
For more details on the Guaco Conventional Oil Field, buy the profile here.