US EditionEcopetrol Has Announced the Commerciality of the Field Lorito, Its Potential Is 250 Mbpe
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State-owned oil company Ecopetrol S.A. announced the commercialization declaration for the Lorito discovery, located in block CPO-9 in the department of Meta, after completing its evaluation program. This decision marks the beginning of the production and development phase of one of the company's most promising discoveries. The Lorito field […] The post Ecopetrol declares highest commercialization of the last decade with the Lorito field in Meta…
Ecopetrol declared the commerciality of the Lorito discovery, with 250 million recoverable barrels, marking a key milestone in its expansion and production strategy. Ecopetrol announced that on June 18 it declared the commerciality of the Lorito discovery before the National Hydrocarbon Agency (ANH), advancing strategically in the transition of this finding to its stage of development and production.
Ecopetrol declares the commerciality of the Lorito field with estimated reserves of 250 million barrels Agencia Period... Mar, 24/06/2025 - 15:13 The state oil company initiates phase of production in the CPO-9 block after confirming significant volumes of extra-heavy crude.
Ecopetrol declared the commerciality of the Lorito discovery to the National Hydrocarbons Agency (ANH), the largest discovery declared in the last decade. "There are approximately 2.145 billion barrels of crude oil in place, slightly higher than our current proven crude oil reserves. It is the seventh largest oil field in the country for which we are declaring commerciality," said Ricardo Roa, president of Ecopetrol. According to Roa, the techni…
The Colombian state oil company Ecopetrol has announced the commercial character of the Lorito field, "the seventh largest in the country", which will allow the potential exploitation of these reserves in which the Spanish oil company Repsol had a participation until the beginning of the year. "We are announcing the declaration of the commerciality of the resources found in Lorito, are 2,145 million barrels of crude oil in place," said Ecopetrol…
Petrolera discovered the well in March 2018 after the presence of extra-heavy crude between eight and nine APIs has been verified
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