Peguita III is a producing conventional oil field located onshore Colombia and is operated by Cepsa Colombia. The field is located in block Caracara.
Field participation details
The field is owned by Compania Espanola de Petroleos SAU and Ecopetrol.
Production from Peguita III
The Peguita III conventional oil field recovered 67.89% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 2.96 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041.
Remaining recoverable reserves
The field is expected to recover 1.93 Mmboe, comprised of 1.93 Mmbbl of crude oil & condensate.
About Cepsa Colombia
Cepsa Colombia SA (Cepsa Colombia) is an oil and gas exploration and production company. The company is headquartered in Madrid, Spain.
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.