Candalay is a producing conventional oil field located onshore Colombia and is operated by Perenco Colombia. The field is located in block Garcero.

Field participation details

The field is owned by Perenco Holdings and Ecopetrol.

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Production from Candalay

The Candalay conventional oil field recovered 99.77% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 0.32 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.


Remaining recoverable reserves

The field is expected to recover 0 Mmboe, comprised of 0 Mmbbl of crude oil & condensate.


About Perenco Colombia

Perenco Colombia Ltd (Perenco Colombia), a subsidiary of Perenco Holdings, is an oil and gas exploration and development company. The company owns and operates oil and gas exploration and development assets in the Llanos basin. It is involved in the development of isolated fields in Tolima and Casanare. Perenco Colombia also operates estero, casanare, corocora, garcero, yalea,oropendola, balay and cerrero blocks, orocue and boqueron association contracts. The company also provides drilling and wells development services, and others. Perenco Colombia is headquartered in Bogota, Colombia.

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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