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December 8, 2021

Tapir Norte Conventional Oil Field, Ecuador

By Carmen

Tapir Norte is a producing conventional oil field located onshore Ecuador and is operated by Consorcio Petrolero Bloque 17. The field is located in block Block 17 (Hormiguero).

Field participation details

The field is owned by CPC, China National Petroleum and China Petrochemical.


Production from Tapir Norte

The Tapir Norte conventional oil field recovered 23.48% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 4.75 thousand bpd of crude oil and condensate and 1 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2092. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 24.03 Mmboe, comprised of 23.46 Mmbbl of crude oil & condensate and 3.45 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.

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