Palanda is a producing conventional oil field located onshore Ecuador and is operated by Consorcio Palanda-Yuca Sur. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 64 (Palanda Yuca Sur). Buy the profile here.
Field participation details
The field is owned by Petroquimica Comodoro Rivadavia.
Production from Palanda
The Palanda conventional oil field recovered 46.07% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 1.84 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2075.
Remaining recoverable reserves
The field is expected to recover 7.71 Mmboe, comprised of 7.66 Mmbbl of crude oil & condensate and 0.32 bcf of natural gas reserves.
For more details on the Palanda Conventional Oil Field, buy the profile here.