Asset Report
CPO 9 Area
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Report summary
The Akacias field was brought onstream in late-2010, although it was not declared commercial until 2014. It produced under an exploration license until 2015 when the operators acquired a development license. In early 2016, the field was temporarily shut in due to the low oil price.The field is a westerly extension of and on-trend with Ecopetrol's Chichimene field. Akacias lies within the CPO-9 block. The partners have identified several additional targets, including Lorito NE and Colibri, which could ultimately yield up to 500 mmbbl of reserves. Community relations issues have slowed progress. Given the prospectivity of the block, and the proximity of these other prospects to Akacias, the block infrastructure can be expanded to accommodate new discoveries if needed.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Ecopetrol development plans for Colombia
- Field shut in due to low oil price
- Early-stage development
- Location maps
-
Participation
- History
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
- Development
-
Infrastructure
- Transportation
- Facilities
-
Costs
- Operating costs
- Sales contracts
- Fiscal and regulatory
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Economic assumptions
- Cash flow
- Economic analysis
Tables and charts
This report includes 21 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- Production Profile
- Costs: Table 1
- Costs: Table 2
- Cash flow
- Economic analysis: Table 2
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Participation: Table 1
- Costs: Table 3
What's included
This report contains:
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