Indico is a producing conventional oil field located onshore Colombia and is operated by ONGC Videsh Ltd Sucursal Colombiana. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Cpo 5. Buy the profile here.
Field participation details
The field is owned by GeoPark and Oil and Natural Gas.
Production from Indico
The Indico conventional oil field recovered 12.03% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 20.29 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2066. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 102.29 Mmboe, comprised of 102.29 Mmbbl of crude oil & condensate. Indico conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
For more details on the Indico 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.
