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Operations

Operations

Redeveloping mature fields for lasting production

Explore our operations

PANAM E&P pursues operated and non-operated opportunities in the most prolific and strategically significant hydrocarbon basins across Latin America.

Overview

We focus on assets with strong redevelopment potential, material reserves, and strategic alignment with national energy companies

  • Low-risk development drilling

Targeted development wells in proven reservoirs to grow production while managing risk.

  • Enhanced recovery potential
Waterflood optimization, polymer and chemical EOR, and gas injection to increase recovery factors.
  • Modern production optimization
Real-time surveillance, artificial lift, and debottlenecking to stabilize and grow output.
  • Local partnerships

Working with local operators, national companies, and agencies to unlock stranded value.

  • Near-field exploration upside
Identifying near-field opportunities that expand reserves around existing assets.
  • Operator and non-operator
Flexible participation models aligned with the strategic objectives of our partners.

Latin America

We pursue mature and producing assets that increase baseline production and expand reserves, with redevelopment potential, near-field exploration upside, and clear alignment with our partners’ objectives

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Colombia

Target region

Llanos and Magdalena Valley basins

Venezuela

Target region

Maracaibo and Eastern Venezuela basins

Peru

Target region

Maráñón, Ucayali and Talara basins

Brazil

Target region

Onshore and mature producing basins

Argentina

Target region

Neuquén and Golfo San Jorge basins

Technical capabilities

A technology-
driven operator

High-resolution geological modeling and simulation, and smart integrated field development planning.

Efficient well design, optimized drilling programs, completion engineering, and stimulation strategies tailored to mature fields.

Real-time surveillance, artificial lift design, flow assurance, and debottlenecking of surface facilities.

ESPs, rod pumps, gas lift, and hybrid systems engineered for mature field conditions and variable reservoir performance.

Surface network optimization, compression, separation, water handling, and integrity management.

Waterflood optimization and pattern redesign, polymer and chemical EOR screening, and gas injection and pressure support strategies.

Tracers and fiber optics to monitor reservoir performance continuously.

Automation, SCADA, machine learning analytics, predictive maintenance, and integrated HSE monitoring.

Risk-based planning, barrier management, and compliance with international standards.

Our multidisciplinary teams apply advanced subsurface characterization, modern engineering practices, and digital technologies to maximize recovery, reduce operating costs, and improve safety performance.

Brownfields & mature field redevelopment

A core component of our strategy is the redevelopment of mature producing fields. We apply advanced subsurface characterization, targeted drilling programs, and modern workover techniques to unlock bypassed pay, increase recovery factors, and extend field life.

Technology across the value chain

We leverage automation, AI-assisted analytics, predictive maintenance, and digital oilfield systems to optimize operations across the full value chain.
01

Redevelop

Infill drilling, horizontal well design, re-entries and sidetracks, stimulation programs, recompletions, and waterflood optimization.

02

Enhance recovery

Enhanced recovery methods such as polymer flooding, gas injection, and pressure-support redesign, combined with ESPs, rod pumps, gas lift, and hybrid lift configurations.

03

Optimize

Real-time surveillance and digital optimization to stabilize production, reduce downtime, and deliver short-cycle value across mature assets.

Exploration & Development
We minimize geological risk, accelerate project execution, and continuously improve long-term production performance.

Capabilities included
Advanced subsurface geosciences and engeneering.
Advanced geophysical technologies.
New ventures and exploration - Near field exploration.
Integrated development planning
Operations excellence

Digital oilfield

01

Automation & real-time monitoring

Digital oilfield and automation systems, predictive maintenance, asset integrity technologies, and real-time monitoring.

Operations excellence

Engineering technologies

02

Field performance

Intelligent drilling and completion technologies, artificial lift optimization, and advanced facilities and flow assurance engineering.

Operations excellence

Continuous improvement

03

Lean operating models

A culture of continuous improvement and lean operational models that reduce costs and elevate performance.