Turpial is a producing conventional oil field located onshore Colombia and is operated by PanAtlantic Exploration.

Field participation details

The field is owned by Vista Oil & Gas SAB de CV and PanAtlantic Exploration.


Production from Turpial

The Turpial conventional oil field recovered 65.22% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 0.15 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027.


Remaining recoverable reserves

The field is expected to recover 0.08 Mmboe, comprised of 0.08 Mmbbl of crude oil & condensate.


About PanAtlantic Exploration

PanAtlantic Exploration Co (PanAtlantic), formerly known as Vanco Overseas Energy Limited, is an independent oil and gas company. The company carries out exploration activities in offshore and onshore areas of West Africa, South America and in the Black Sea. It has strong geotechnical and operational capabilities. The company holds oil and gas concessions in Colombia, Cote D’Ivoire, Equatorial Guinea, Romania and Ukraine. It operates both as operator and working interest participant in two countries. All of its assets are in exploration stage. The company has offices in Abidjan, Cote D’Ivoire; Malabo, Equatorial Guinea; and Bucharest, Romania. PanAtlantic is headquartered in Houston, Texas, the US.

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.