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Oil production in April

Monday, May 21st, 2018

The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for April 2018. Crude increased compared to the same period of last year, and gas showed positive behavior as well.

 

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Surprise! Netbacks are up

Surprise! Netbacks are up

Now here is a little-known fact: higher oil prices lead to better netbacks! OK so it is painfully obvious. Welcome… but painfully obvious none-the-less.

Monday, May 21st, 2018
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Parex leverages Works-for-Taxes

The Works-for-Taxes program is one of the most interesting ideas by the Colombian Government that we have seen in a long time. It is long-established in Peru and companies that saw it work there have advocated for its adoption in Colombia.

Monday, May 21st, 2018
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Rig count in April 2018

Rig count in April 2018

The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for April 2018. The good trend continues although the industry reported one rig less compared to previous month.

 

Thursday, May 17th, 2018
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Experience of Peru in prior consultations

The Embassy of Canada organized a talk about Peru’s experience in prior consultations. Presenting was Tiffany Bayly, Member of the Social Affairs Committee (CAS) of the National Petroleum and Energy Mining Society of Peru. HCC was present at the event and we bring a brief summary of the meeting.

 

Thursday, May 17th, 2018
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“CCL and Transandino are the most affected “: Ecopetrol

The NOC presented the results of a study that looks at attacks on its infrastructure in recent years.

 

Thursday, May 17th, 2018
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Ecopetrol and La Lizama victims

After a legal action was filed by dozens of families affected by la Lizama environmental emergency, a judge ordered Ecopetrol (NYSE: EC) to begin the characterization of the victims, as a prelude to a possible compensation.

 

Thursday, May 17th, 2018
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