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Oil production increased in December

Thursday, January 17th, 2019

The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for December and the total average for 2018. Crude and natural gas production grew in the last month last year.

New discovery in Arauca

Thursday, January 17th, 2019 Category: Production
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Geopark 4Q18 operational update

Thursday, January 17th, 2019 Category: Company News
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Time is ticking

Thursday, January 17th, 2019 Category: Security & Public
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Recent News

Frontera 4Q18 operational update

Frontera 4Q18 operational update

Frontera Energy Corporation (TSX: FEC) announced its estimated 2018 production with positive results according to its 2018 production guidance. Colombia production in the fourth quarter of 2018 increased. The firm announced its drilling plans for the first quarter of 2019 and the Quifa block plays a key role in this process.

Wednesday, January 16th, 2019
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Colombia to surpass Venezuela’s production

Analysts made a bold forecast, suggesting that Colombia could surpass Venezuela’s oil production. Here is why.

 

Wednesday, January 16th, 2019
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Bayón optimistic about ECP’plans

Felipe Bayón, CEO of Ecopetrol (NYSE: EC), spoke about NOC’s investment plans for 2019. The firm will focus on exploration and production activities in the country, and ECP is optimistic about its results for this year.

Wednesday, January 16th, 2019
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The numbers do not add up

Authorities in oil producing municipalities were surprised to see that the new royalties’ budget excluded a big part of the resources that president Duque had announced for some regions. These and other stories in our periodic Royalties summary.

 

Wednesday, January 16th, 2019
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Vasconia discount deepens in 3Q18

Vasconia discount deepens in 3Q18

Vasconia is the archetypical Colombian crude but its price is not widely published. Instead the popular press and even company financial reports talk about Brent (mostly) and sometimes WTI. The relationship between Brent and Vasconia is not fixed over time.

Tuesday, January 15th, 2019
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Duque on SGR

The General System of Royalties (SGR) has been one of the main discussion topics between the government, communities and oil sector. The last reform to the SGR generated significant conflict with the inhabitants of producing regions. Ivan Duque, President of Colombia, spoke on this issue.

Tuesday, January 15th, 2019
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