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Pipeline outlet eyed for Rubiales heavy oil
HOUSTON
Petroleumworld.com, Jan 08, 2008
Rubiales heavy oil field in Colombia's Los Llanos Orientales area could have a 170,000 b/d pipeline outlet by late 2009.Petro Rubiales Energy Corp., Vancouver, BC, signed a memorandum of understanding with Colombia's state-owned Ecopetrol for construction of a 230-km, 24-in. pipeline costing more than $300 million that will transport oil from Rubiales and Piriri fields in the Meta Department to the Casanare station for transshipment to the Oleoducto Central SA (Ocensa) pipeline. Petro Rubiales will build another pipeline branch to the Cusiana station.
Interests in the project are to be Ecopetrol 65% and Petro Rubiales 35%. Capacity is expandable to 260,000 b/d to accomodate further developments and exploration in coming years, Petro Rubiales said.
Story by editors from OGJ
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