Report summaryThe Rubiales heavy oil field is located in the Llanos basin and is one of the largest producing fields in Colombia. Pacific E&P was able to grow production from 1,000 b/d in 2002 to over 200,000 b/d in 2013. The company employed an aggressive development programme centered around an intensive drilling campaign and a large increase in processing and transportation capacity. The field straddles two adjacent licences, both of which expired in 2016. Ecopetrol has assumed 100% control of the ...
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