Asset Report

Colombia Llanos exploration basin

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30 April 2021

Colombia Llanos exploration basin

Report summary

The Llanos basin of Colombia is one of the largest sedimentary basins in the country and has been the target of oil and gas exploration since the 1940's. The basin covers over 220,000 sq km and is oil-prone, containing several giant medium and heavy oil fields such as Cusiana, Cano Limon, and Rubiales. We analyse the remaining prospective resource potential of the basin and the achievable exploration metrics from future activity. Remaining prospects are small but can be tied into infrastructure quickly, providing high returns. Activity has fallen since the oil price crash in 2014 and is forecast to remain low in the future. All analysis, results and forecast metrics are available to download in pdf and excel format.

Table of contents

Tables and charts

This report includes 18 images and tables including:

  • Tertiary Heavy Oil
  • Tertiary Medium Oil & Gas
  • Summary of discovery and development costs
  • Full-cycle economic analysis
  • Typical fiscal terms
  • Tertiary Heavy Oil
  • Tertiary Medium Oil & Gas
  • Exploration wells by play
  • Key play characteristics
  • Exploration history map
  • Top 10 discoveries
  • Key acreage holders
  • Tertiary Heavy Oil
  • Tertiary Medium Oil & Gas
  • Tertiary Heavy Oil
  • Tertiary Medium Oil & Gas
  • Tertiary Heavy Oil
  • Tertiary Medium Oil & Gas

What's included

This report contains:

  • Document

    Colombia Llanos exploration basin

    PDF 2.25 MB

  • Document

    Colombia Llanos exploration basin

    ZIP 4.94 MB