Hormiguero is a producing heavy oil field located onshore Ecuador and is operated by Petrooriental. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 17 (Hormiguero). Buy the profile here.

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Field participation details

The field is owned by China National Petroleum, China Petrochemical and CPC.

Production from Hormiguero

The Hormiguero heavy oil field recovered 94.70% of its total recoverable reserves, with peak production in 2007. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033.

About Petrooriental

Petrooriental SA, an oil and gas company that engaged in the extraction, development and trade of hydrocarbon. Incorporated in1980, the company is headquartered in France.

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This content was updated on 7 February 2024

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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.