Tigana is a producing heavy oil field located onshore Colombia and is operated by GeoPark Colombia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Lla 34. Buy the profile here.
Field participation details
The field is owned by GeoPark and Parex Resources.
Production from Tigana
The Tigana heavy oil field recovered 35.36% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 31.67 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 87.12 Mmboe, comprised of 87.12 Mmbbl of crude oil & condensate. Tigana heavy oil field reserves accounts 0.20% of total remaining reserves of producing heavy oil fields globally.
About GeoPark Colombia
GeoPark Colombia SA, is a subsidiary of GeoPark Ltd, is engaged in the exploration and production of oil and gas. It also operates upstream projects. The company is headquartered in Bogota, Colombia.
For more details on the Tigana Heavy Oil Field, buy the profile here.