Colombia & Ecuador Upstream
Frontera’s Colombia & Ecuador Upstream business has a diversified portfolio of assets with interests in 21 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 exploration.
Main Assets Colombia
Quifa SW
The Quifa field was discovered in May 2008.
The field is located in the Llanos Basin, in Puerto Gaitan.
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
., including via the Company’s SAARA project is expected to increase volumes over the next few years.
CPE-6
- The CPE-6 block is located approximately 300 kilometers southeast of Bogota 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.
- Increased water handling capacity will boost production over the next few years.
VIM-1
- VIM-1 block is located in the Lower Magdalena Valley (VIM Basin – Colombia).
- 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.
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 located in Ecuador, adjacent to multiple oil fields and existing infrastructure.
In the Perico block, medium crude oil has been discovered at four successful exploration wells (Jandaya-1, Tui-1, Yin-1 & Perico Centro-1). All exploration commitments have been fulfilled.
In the Espejo block, the operator has drilled three of four commitment wells where preliminary logging information indicates the presence of hydrocarbons. Further analysis is underway.
