Paraguay , Colombia and Ecuador

Amerisur reveals 2016 capex

Bnamericas Published: Thursday, April 07, 2016
Amerisur reveals 2016 capex

Amerisur Resources has set its capex for this year at US$62mn, of which US$9mn is for completion of Colombia-Ecuador oil pipeline Oleoducto Binacional Amerisur (OBA).

OBA is due online next month and will connect Amerisur's Platanillo block in Colombia with Ecuadoran state E&P operator Petroamazonas' Amazon pipeline network RODA, as part of Amerisur's efforts to reduce operating expenditures.

"The technical capacity of OBA is between 50,000 and 70,000b/d, hence additional transport capacity may become available in the future as the system is commissioned and upgrades to RODA are implemented," Amerisur said in its latest financial statements.

Wales-based Amerisur expects to end 2016 with production of 7,200b/d from Platanillo compared with average output of 4,437b/d in 2015.

Capex will also go to exploration work at blocks Coati and Putumayo-8 and the Jaguareté-1 well in Paraguay, expected to be spud this month.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Oil & Gas (Colombia)

Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.

  • Project: Block LLA 9
  • Current stage: Blurred
  • Updated: 2 years ago

Other companies in: Oil & Gas (Colombia)

Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: ODL JV Ltd.  (ODL JV)
  • ODL JV ltd., formerly Pacific Midstream Ltd., operates as a subsidiary of Canadian energy firm Frontera Energy Corporation. Through the subsidiary's 35% interest in Oleoducto de...
  • Company: Gemcoal S.A.S.  (Gemcoal)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Morelco S.A.S.  (Morelco)
  • Morelco is an engineering and construction firm, part of CUMBRA, a company with a regional presence with 87 years of experience. The company provides construction and assembly s...
  • Company: Refinería de Cartagena S.A.  (Reficar)
  • Refinería de Cartagena S.A. (Reficar) is a Colombian firm owned by Andean Chemicals Ltd. and Ecopetrol which operates the large and modern refinery Cartagena, whose expansion an...
  • Company: Total E&P Colombie Sucursal Colombia
  • Total E&P Colombie Sucursal Colombia, established in 2010, is a Colombian subsidiary of the hydrocarbon firm Total headquartered in Bogotá which engages in the exploration and p...