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Colombia & Ecuador Upstream
Frontera Colombia & Ecuador Upstream business has a diversified portfolio of assets with interests in 26 exploration and production blocks in Colombia and Ecuador.
Frontera has a proven and diverse asset base with longevity that generates value focused production and cash flow from across our portfolio, with a strong growth potential through lower risk near-field onshore.
Main Assets Colombia
Quifa SW
The Quifa field was discovered in May 2008 with the drilling of the QF-005 well
The field is located approximately 300 km southeast of the city of Bogota in the Llanos Basin
Related to the stratigraphic column for the Quifa field, the oil-bearing, Oligocene-age Arenas Basales sandstone reservoir is part of the Carbonera Formation
Efficient water handling. SAARA project expected to increase volumes in the next years
CPE-6
- The CPE-6 block is located approximately 300km southeast of the city of Bogotá in the Llanos Basin
- Related to the stratigraphic column for the Hamaca field in the Llanos Basin, the oil-bearing Upper Eocene- and Oligocene-age Arenas Basales (AB) and the overlying Carbonara (C7B and C7C) sandstone reservoirs are part of the Carbonera Formation
- Water handling capacity increment will allow production increases in the next years
VIM-1
- VIM-1 block is located in the Lower Magdalena Valley (VIM Basin – Colombia)
- La Belleza-1 discovery announced in February 2020
- Gas condensate discovery at La Belleza-1 and successful follow-up at La Belleza-2
- Large, diverse prospect inventory; including both clastic and carbonate exploration opportunities
Main Assets Ecuador
Perico (WI 50% and operator) &Espejo (50% WI and non-operator)
Awarded during the intracampos bid round in 2019, the Espejo and Perico blocks are adjacent to multiple oil fields and existing infrastructure.
In the Perico block four successful exploration wells (Jandaya-1, Tui-1,Yin-1 & Perico Centro-1), medium crude oil has been discovered. Exploration commitments have been fulfilled.
In Espejo the operator has drilled two out of four commitment wells preliminary logging information indicated the presence of hydrocarbons in both exploration wells and further analysis is underway.
