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December 2, 2021

Quifa Heavy Oil Field, Colombia

By Carmen

Quifa is a producing heavy oil field located onshore Colombia and is operated by Frontera Energy Colombia. The field is located in block Quifa.

Field participation details

The field is owned by Frontera Energy and Ecopetrol.


Production from Quifa

The Quifa heavy oil field recovered 60.43% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 56.52 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036. The field currently accounts for approximately 4% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 112.95 Mmboe, comprised of 112.95 Mmbbl of crude oil & condensate. Quifa heavy oil field reserves accounts 0.25% of total remaining reserves of producing heavy oil fields globally.


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.

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