Asset Report
CPO 9 Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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
- Summary
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Key Issues
- Ecopetrol declares commerciality of Lorito discovery in CPO-9
- Ecopetrol secures full ownership of strategic CPO-9 block, thwarting GeoPark's expansion plans
- Field shut in due to low oil price
- Early-stage development
- History
- Transportation
- Facilities
- Cash flow
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Cash Flow (US$)PV Table (US$)Split of Revenues
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Cumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price SensitivitiesIndex MapDetail MapParticipationField Hydrocarbon CharacteristicsReserves (2P) at 01/01/2026
- 5 more item(s)...
What's included
This report contains:
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