Hormiguero Centro is a producing conventional oil field located onshore Ecuador and is operated by Consorcio Petrolero Bloque 17. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 14 (Nantu). Buy the profile here.
Field participation details
The field is owned by China National Petroleum, China Petrochemical and CPC.
Production from Hormiguero Centro
The Hormiguero Centro conventional oil field recovered 33.82% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 0.15 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 0.56 Mmboe, comprised of 0.55 Mmbbl of crude oil & condensate and 0.08 bcf of natural gas reserves.
For more details on the Hormiguero Centro Conventional Oil 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.
