Related Articles
Iquitos is the nearest major urban centre and has its own refinery
Forward article link
Share PDF with colleagues

Petrotal exceeds expectations in Peru

The Calgary-based operator has managed to sidestep midstream challenges, charting a course to significant production gains

Peru-focused operator Petrotal expects to almost double production going into next year after outperforming Q2 guidance by 2pc. The company’s drilling campaign is projected to lift total output to c.20,000bl/d, up from a base of 10,000-11,000bl/d in 2021. The onshore Bretana field in block 95 is driving production growth. First oil was achieved in 2018, and output is projected to hit 13,000bl/d in just 18 months. Eight wells are producing and a ninth was deployed in July, first production from which is expected in early September. A final well is planned by year-end. “The Envidia prospect requires additional seismic for us to feel confident that we should drill it” Zuniga, Petrotal



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
South Africa’s energy sector and the just transition
27 October 2021
Continuous engagement by stakeholders crucial in ensuring energy sector is sustainable while also managing social impacts of shift
Var looks at IPO
27 October 2021
The Norway-focused IOC/private equity company is mulling a flotation
OGA takes aim at Elgin-Franklin laggards
26 October 2021
The UK upstream regulator is unhappy at partners in the field dragging their feet on the sale of ExxonMobil’s stake
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video