Rancho Quemado 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 Rancho Quemado
The Rancho Quemado conventional oil field recovered 54.81% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 0.45 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2070.
Remaining recoverable reserves
The field is expected to recover 0.76 Mmboe, comprised of 0.76 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.