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December 2, 2021

Tigana Heavy Oil Field, Colombia

By Carmen

Tigana is a producing heavy oil field located onshore Colombia and is operated by GeoPark Colombia. The field is located in block Lla 34.

Field participation details

The field is owned by Parex Resources and GeoPark.


Production from Tigana

The Tigana heavy oil field recovered 13.99% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 32.38 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 177.17 Mmboe, comprised of 177.17 Mmbbl of crude oil & condensate. Tigana heavy oil field reserves accounts 0.39% 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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