Quifa is a producing heavy oil field located onshore Colombia and is operated by Frontera Energy Colombia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Quifa. Buy the profile here.
An expansion project is associated with the Quifa, namely the Quifa Development . This project is currently in the feasibility stage.
Field participation details
The field is owned by Ecopetrol and Frontera Energy.
Production from Quifa
The Quifa heavy oil field recovered 67.08% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 56.52 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 93.50 Mmboe, comprised of 93.50 Mmbbl of crude oil & condensate. Quifa heavy oil field reserves accounts 0.22% of total remaining reserves of producing heavy oil fields globally.
For more details on the Quifa Heavy 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.
