Pendare is a producing heavy oil field located onshore Colombia and is operated by Tecpetrol Colombia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Cpo 13. Buy the profile here.
Field participation details
The field is owned by The Techint Group.
Production from Pendare
The Pendare heavy oil field recovered 16.84% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 7.34 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 34.22 Mmboe, comprised of 34.22 Mmbbl of crude oil & condensate. Pendare heavy oil field reserves accounts 0.08% of total remaining reserves of producing heavy oil fields globally.
For more details on the Pendare Heavy Oil Field, buy the profile here.