Petroperú and Perupetro sign license contract to operate lots I and VI of Talara

Petroperú and Perupetro today signed hydrocarbon exploitation license contracts for up to two years in lots I and VI of Talara. The event took place at the headquarters of Perupetro and was attended by the president of the Board of Directors of that entity, Isabel Tafur Marín, the president of the Board of Directors of Petroperú, Pedro Chira Fernández and officials from both companies. Through this contract, Petroperú takes a new step in its return to oil exploitation and ensures the continuity of said operations in the northwest of the country.

The signing of the aforementioned contracts was authorized by Supreme Decrees No. 022-2023 and 023-2023 EM, published today, October 21.

Lot VI, located in the districts of Lobitos and Pariñas, in the province of Talara, Piura, covers 13,772,210 hectares and is divided into 31 deposits. It has an estimated production of 2,000 barrels of oil per day and 4 million cubic feet of gas per day; and has had a cumulative production of 195 million barrels of oil and 319 billion cubic feet of gas.

As for Lot I, which Petroperú had already been operating with successful results for two years, it has optimal and sustained oil production reaching up to 516 barrels per day and 3.4 million cubic feet of natural gas. It is located between the La Brea and Pariñas districts of the province of Talara.

During the contract period, the state oil company will carry out 10 refurbishments in Lot VI and 6 refurbishments for Lot I. Simultaneously, the maintenance of all facilities and assets will continue, as well as compliance with the terms and conditions of the license contract. of hydrocarbon exploitation.

These lots are interconnected to the Talara Refinery and are ongoing businesses; their maintenance and optimization are financed from the income generated by the operation. Additionally, the company will be able to acquire crude oil for the refinery at cost prices and generate estimated savings of US$250 million annually.