Valdivia-Almagro is a producing conventional oil field located onshore Colombia and is operated by Iberoamericana de Hidrocarburos. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Valdivia Almagro. Buy the profile here.

Field participation details

The field is owned by Iberoamericana de Hidrocarburos.

Production from Valdivia-Almagro

The Valdivia-Almagro conventional oil field recovered 89.17% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 4.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028.

Remaining recoverable reserves

The field is expected to recover 0.77 Mmboe, comprised of 0.77 Mmbbl of crude oil & condensate.

About Iberoamericana de Hidrocarburos

Iberoamericana de Hidrocarburos SA de CV (IHSA) is an industrial construction company devoted to oil and gas, and wastewater management. The company’s business strategy envisages the exploration, development, operation and maintenance of oil and gas fields in Mexico. IHSA provides various services such as collection and processing of seismic data, drilling and completion oil and gas wells, oilfield development, construction of production infrastructure, operation and maintenance of oil and gas fields, and production optimization services, among others. The company has an agreement with PEMEX for the development, operation and maintenance of the Nejo block in Sabinas basin. Currently, IHSA is constructing a municipal wastewater treatment plant near Conchos River in the state of Tamaulipas, which will be completed by year end 2012. The company’s shareholders are Actividades de Construccion y Servicios SA (59.5%), also known as Grupo ACS, and Monclova Pirineos Gas SA (40.5%), a subsidiary of VETRA Energia SL. The company is headquartered in Monterrey, Mexico.

For more details on the Valdivia-Almagro Conventional Oil Field, buy the profile here.


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.