Barco oil concession

Barco oil concession
Barco oil concession is located in Colombia
Barco oil concession
Location of Tibú, which became the main camp when the oilfield was developed
CountryColombia
RegionNorte de Santander department
Offshore/onshoreOnshore
Coordinates8°38′21″N 72°44′14″W / 8.639068°N 72.737099°W / 8.639068; -72.737099
OperatorTexaco, Socony Vacuum, Ecopetrol
Field history
Discovery1905
Start of development1936
Start of production1939
Production
Peak of production (oil)25,000 barrels per day (~1.2×10^6 t/a)
Estimated oil in place250 million barrels (~3.4×10^7 t)

The Barco oil concession was one of the main concessions in Colombia during the early development of its petroleum industry, the other being the De Mares concession. Oil was first found in the Norte de Santander department near the border with Venezuela in 1905, but development did not start until 1936. A joint venture between the Texas Corporation and Socony-Vacuum (now Texaco and Mobil) sank the wells and built a 263-mile (423 km) pipeline across the mountains and through swampy jungle to the Caribbean coast at Coveñas. Workers were harassed by Motilone people defending their territory, and several died. The concession began operation in 1939 and continued into the 1960s, when it began to be depleted. Other fields in the region are still productive.