Payoa is a producing conventional gas field located onshore Colombia and is operated by PetroSantander Colombia. The field is located in block Las Monas.

Field participation details

The field is owned by PetroSantander and Ecopetrol.


Production from Payoa

The Payoa conventional gas field recovered 74.52% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 0.89 thousand bpd of crude oil and condensate and 21 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042.


Remaining recoverable reserves

The field is expected to recover 5.27 Mmboe, comprised of 1.42 Mmbbl of crude oil & condensate and 23.1 bcf of natural gas reserves.


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.