Rancho Quemado 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 Rancho Quemado
The Rancho Quemado conventional oil field recovered 95.05% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 0.45 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 0.05 Mmboe, comprised of 0.05 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 Rancho Quemado 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.
