Wati is a producing conventional 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 16 (Iro) and Block 67 (Tivacuno). Buy the profile here.
Field participation details
The field is owned by China Petrochemical, CPC, New Stratus Energy and Sinochem Holdings.
Production from Wati
The Wati conventional oil field recovered 60.65% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 0.34 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047.
Remaining recoverable reserves
The field is expected to recover 0.56 Mmboe, comprised of 0.53 Mmbbl of crude oil & condensate and 0.18 bcf of natural gas reserves.
About Repsol Ecuador
Repsol YPF Ecuador, S.A. is engaged in the exploration and production of oil and gas.
For more details on the Wati Conventional Oil Field, buy the profile here.