Peguita III is a producing conventional oil field located onshore Colombia and is operated by Cepsa Colombia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Caracara. Buy the profile here.

Field participation details

The field is owned by Compania Espanola de Petroleos SAU and Ecopetrol.

Production from Peguita III

The Peguita III conventional oil field recovered 62.39% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 2.96 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.

Remaining recoverable reserves

The field is expected to recover 2.63 Mmboe, comprised of 2.63 Mmbbl of crude oil & condensate.

About Cepsa Colombia

Cepsa Colombia SA (Cepsa Colombia) is an oil and gas exploration and production company. The company is headquartered in Madrid, Spain.

For more details on the Peguita III Conventional Oil Field, buy the profile here.

GlobalData

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.