Ecopetrol Awards 2 Marginal Fields

Hato Nuevo, Guarimena Fields
(Click to Enlarge)
Colombia's state oil firm Ecopetrol has awarded operating concessions for the Guarimena and Hato Nuevo fields to local oil company Petrotesting and a consortium of Venezuela's Empesa and Colombia's NCT respectively.

The two fields made up the third round of Ecopetrol's discovered undeveloped and inactive fields (CDND/I) bidding process. Eight companies had submitted bids, Ecopetrol said in a statement.

Guarimena covers 10,676ha in Huila department in the upper Magdalena basin, while Hato Nuevo covers 525ha in Casanare department in the Llanos basin. Each field produces some 50-200 barrels a day.

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