Paloma is a producing conventional oil field located onshore Peru and is operated by Petrolera Monterrico. The field is located in block Block XV.

Field participation details

The field is owned by Petrolera Monterrico.


Production from Paloma

The Paloma conventional oil field recovered 83.14% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 0.02 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027.


Remaining recoverable reserves

The field is expected to recover 0.01 Mmboe, comprised of 0.01 Mmbbl of crude oil & condensate.


About Petrolera Monterrico

Petrolera Monterrico SA (Petrolera Monterrico) is an oil and gas exploration company, based in Peru. The company focuses on exploration of oil and hydrocarbons; maintenance of the old oil production, rehabilitation of temporally abandoned wells, workovers, drilling of wells and secondary recovery. It also develops wind energy project. The company was incorporated in the year 1996. Petrolera Monterrico is headquartered in Lima, Peru.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.