Asset Report

Quifa Area

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29 June 2021

Quifa Area

Report summary

The Quifa block is adjacent to and on trend with the giant Rubiales heavy oil field in the Llanos basin. Quifa is Frontera Energy's most important asset in Colombia. The block includes Quifa SW, Cajua and Quifa Norte fields which contain several oil discoveries. Frontera is dedicated to optimizing production in the area. It has applied an infill drilling program focused on horizontal and vertical wells. Quifa heavy oil is diluted before being sold as part of either the Vasconia or ...

Table of contents

  • Key facts
    • Summary
    • Key issues
    • Jaspe exploration upside
    • Production decreased during 2020
  • Location maps
  • Participation
    • Regional setting
    • Reservoir
    • Drive mechanism
  • Well data
  • Exploration
  • Reserves and resources
  • Production
    • Wells
    • Facilities
    • Enhanced oil recovery (EOR)
  • Infrastructure
    • Operating costs
  • Sales contracts
  • Fiscal and regulatory
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Cash flow

Tables and charts

This report includes 29 images and tables including:

  • Key facts: Table 1
  • Index Map
  • Detail Map
  • Participation: Table 1
  • 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 Quifa area
  • Capital costs
  • Costs: Table 2
  • Costs: Table 3
  • Quifa SW and Cajua
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2021
  • Remaining PV Price Sensitivities
  • Sabanero
  • Economic analysis: Table 5
  • Economic analysis: Table 6
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2021
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2021)
  • Remaining PV Price Sensitivities

What's included

This report contains:

  • Document

    Quifa Area

    PDF 6.71 MB

  • Document

    Quifa Area

    XLS 435.50 KB