Tivacuno is a producing heavy oil field located onshore Ecuador and is operated by Repsol Ecuador. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 67 (Tivacuno) and Block 16 (Iro). Buy the profile here.

Field participation details

The field is owned by China Petrochemical, CPC, New Stratus Energy and Sinochem Holdings.

Production from Tivacuno

The Tivacuno heavy oil field recovered 84.01% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 7.09 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037.

Remaining recoverable reserves

The field is expected to recover 4.28 Mmboe, comprised of 4.06 Mmbbl of crude oil & condensate and 1.28 bcf of natural gas reserves. Tivacuno heavy oil field reserves accounts 0.01% of total remaining reserves of producing heavy oil fields globally.

About Repsol Ecuador

Repsol YPF Ecuador, S.A. is engaged in the exploration and production of oil and gas.

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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.