Providencia is a producing conventional oil field located in shallow water in Peru and is operated by Savia Peru. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block Z-2B A, with water depth of 5,752 feet. Buy the profile here.
Field participation details
The field is owned by Offshore International Group.
Production from Providencia
The Providencia conventional oil field recovered 57.71% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 1.64 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054.
Remaining recoverable reserves
The field is expected to recover 4.92 Mmboe, comprised of 4.92 Mmbbl of crude oil & condensate.
About Savia Peru
Savia Peru SA (Savia), a subsidiary of Ecopetrol SA, is an oil and gas company that offers hydrocarbon products. The company’s products include oil and gas, natural gas, hydrocarbons, hexanes, pentanes, GLP, HAL, LPG, propane, and butane products. It offers services such as production, exploration, merchandizing, marketing, gravimetry, magnetometry, geology, packaging, seismic drilling, handling, and storage services. . Savia also provides supply and supplier management, goods and services procurement, and strategic framework solutions, among others. The company offers mixture of light hydrocarbons that include propane and butane obtained by fractionation of natural gas liquids. Its exploration projects include Northern Peruvian Coast located in the Bay of Bayovar Talara, and projects in Central Peruvian Coast. Savia is headquartered in San Isidro, Peru.
For more details on the Providencia 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.
