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Depreciation (Tables)
12 Months Ended
Dec. 31, 2023
Depreciation  
Schedule of Depreciation

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Amounts in US$ ‘000

   

2023

   

2022

   

2021

Oil and gas properties

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95,369

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76,720

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66,011

Production facilities and machinery

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12,896

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12,244

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12,468

Furniture, equipment and vehicles

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1,304

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1,344

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1,960

Buildings and improvements

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503

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672

​

700

Depreciation of property, plant and equipment (a)

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110,072

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90,980

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81,139

Related to:

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Productive assets

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108,265

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88,964

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78,479

Administrative assets

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1,807

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2,016

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2,660

Depreciation total (a)

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110,072

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90,980

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81,139

(a)Depreciation without considering capitalized costs for oil stock included in Inventories nor depreciation of right-of-use assets.