Tiguino is a producing conventional oil field located onshore Ecuador and is operated by Petrobell Inc.-Grantmining. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 66 (Tiguino). Buy the profile here.

Field participation details

The field is owned by Petrobell Inc.-Grantmining.

Production from Tiguino

The Tiguino conventional oil field recovered 87.98% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 7.51 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043.

Remaining recoverable reserves

The field is expected to recover 4.41 Mmboe, comprised of 4.24 Mmbbl of crude oil & condensate and 1.04 bcf of natural gas reserves.

About Petrobell Inc.-Grantmining

Petrobell Inc.-Grantmining SA (Petrobell) is an oil and gas company that explores, develops, and distributes crude oil, hydrocarbons, and other natural resources. The company’s services include storage, exploration, transportation, production, and marketing of crude oil. It also provides operation and maintenance of productive oil wells. Petrobell develops accepted procedures and technologies to prevent environmental pollution and offers partnerships with other oil and gas companies for its exploration activities. It conducts its activities in Block Tiguino province of Orellana. Petrobell is headquartered in Quito, Ecuador.

For more details on the Tiguino Conventional Oil Field, buy the profile here.

GlobalData

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.