Matachin Norte is a producing conventional oil field located onshore Colombia and is operated by Hocol. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Espinal. Buy the profile here.
Field participation details
The field is owned by Ecopetrol.
Production from Matachin Norte
The Matachin Norte conventional oil field recovered 96.23% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 5.87 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 0.70 Mmboe, comprised of 0.69 Mmbbl of crude oil & condensate and 0.08 bcf of natural gas reserves.
About Hocol
Hocol SA operates as a hydrocarbon exploration and production company. It has exploration and oil operations in the upper and middle Magdalena valleys, including the San Francisco field, and Central Plains (Llanos) regions of Colombia, as well as in Lake Maracaibo, Venezuela.
For more details on the Matachin Norte 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.
