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

Amounts in US$ ‘000

   

2023

   

2022

   

2021

Oil and gas properties

95,369

76,720

66,011

Production facilities and machinery

12,896

12,244

12,468

Furniture, equipment and vehicles

1,304

1,344

1,960

Buildings and improvements

503

672

700

Depreciation of property, plant and equipment (a)

110,072

90,980

81,139

Related to:

Productive assets

108,265

88,964

78,479

Administrative assets

1,807

2,016

2,660

Depreciation total (a)

110,072

90,980

81,139

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